

$850,000
Est. Payment: $4,369/mo
Adjust down payment, rate & terms
374 Water St, Mooresville, NC 28115
Mooresville, NC 28115
12
bedrooms
0
baths
4,500
sq.ft.
$189
price per sf

Presented By
Carnarri Cofield
REALTOR®
About This Property
374 Water St presents a rare opportunity to acquire a turnkey, 6-unit multifamily asset in the highly desirable Mooresville market. The property consists of three well-maintained duplex buildings featuring spacious 2-bedroom, 1-bathroom floor plans, each with dedicated utility rooms and washer/dryer hookups. Ownership has completed extensive capital improvements, including new LVP flooring and dual mini-split A/C systems in every unit, extensive exterior site work, and updated kitchens and baths with select premium finishes. Located just minutes from the revitalized downtown Mooresville core and the rapidly growing Lake Norman corridor, the property offers tenants exceptional regional connectivity and a premier lifestyle.
About the Neighborhood
Homes for sale in 28115 place buyers in Mooresville, one of the most strategically positioned and amenity-rich communities along the Lake Norman corridor, approximately 25 miles north of Uptown Charlotte via I-77. Known widely as "Race City USA" for its concentration of NASCAR team headquarters and motorsports industry employers, Mooresville's economic base is genuinely unique in the American Southeast, with major racing organizations including Hendrick Motorsports and Stewart-Haas Racing anchoring a robust advanced manufacturing and engineering employment corridor. The residential landscape spans an impressive range, from established lakefront estates and water-access communities along Lake Norman's eastern shore to master-planned neighborhoods featuring Craftsman and transitional architecture on tree-lined streets. Downtown Mooresville's revitalizing Main Street corridor and the popular The Brawley peninsula retail district along Brawley School Road deliver independent dining, boutique retail, and waterfront restaurant experiences. The 28115 real estate market is among the most active in the Lake Norman region, consistently drawing buyers seeking lakefront lifestyle, motorsports industry employment proximity, and direct I-77 connectivity to Charlotte's urban core in approximately 30–35 minutes.
Property Features
Property Description
- Beds Total: 12
- Stories: 1
- Year Built: 1990
- Living Area: 4,500 sqft
- New Construction: No
- MLS #: 4370764
Association
- HOA Required: No
Interior Features
- Heating: Ductless
- Cooling: Ductless
- Utility Room
Appliances
- Dishwasher
- Electric Range
- Refrigerator
Construction Materials
- Vinyl
- Foundation: Slab
- Roof: Architectural Shingle
Cooling
- Ductless
Foundation Details
- Slab
Heating
- Ductless
Laundry Features
- Utility Room
Parking Features
- Parking Space(s)
Pets Allowed
- Conditional
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Public Sewer
WaterSource
- City
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: BRITT COMMERCIAL REAL ESTATE, LLC
zbritt@brittcre.com
$850,000
Est. Payment: $4,369/mo
Adjust down payment, rate & terms
Mooresville, NC 28115
12
bedrooms
0
baths
4,500
sq.ft.
$189
price per sf

Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Britt Commercial Real Estate, LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$850,000
374 Water Street
12 bed, 0 bath
