NC > China Grove
China Grove, NC 28023,515 China Grove RD
China Grove, NC 28023,515 China Grove RD
China Grove, NC 28023,515 China Grove RD
China Grove, NC 28023,515 China Grove RD
China Grove, NC 28023,515 China Grove RD
China Grove, NC 28023,515 China Grove RD
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Brenna Stebbins

Brenna Stebbins

+1(207) 399-8034
$ 799,900
Est. payment | /mo

12 Beds

6 Baths

6,382 SqFt

Save
$ 799,900
Est. payment | /mo
Save

12 Beds

6 Baths

6,382 SqFt

Key Details

Property Type Multi-Family

Sub Type Sixplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,382 sqft

Price per Sqft $125

MLS Listing ID 4223909

Bedrooms 12

Full Baths 6

Abv Grd Liv Area 6,382

Year Built 1970

Lot Size 4.610 Acres

Acres 4.61

Property Sub-Type Sixplex

Property Description

Investors, take note. 515 China Grove Rd offers a fantastic opportunity to own a refreshed multi-family property in a growing market. This property consists of three duplexes that have been recently updated with new siding, new roofs, and fresh exterior paint, enhancing curb appeal and long-term value. Placed in a quiet setting, this property should attract long-term renters. All units are 2 bedrooms and 1 bath. Each unit has its own laundry hookup. One unit has already been remodeled on the interior, showing the potential for future upgrades. With one vacancy and a couple of units currently rented below market, there is a clear value-add opportunity. Possibility for expansion with the additional acreage behind the units. China Grove is a quickly growing area, making appreciation a strong possibility. Whether you're looking to expand your existing portfolio or make your first investment in multi-family real estate, this property offers stability, upside potential, and long-term growth.

Location

State NC

County Rowan

Zoning RS

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump

Appliance Other

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Street Surface Dirt,Gravel,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Shared Well

Structure Type Brick Full,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease

© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Josh Wilson • Guardian Real Estate Group LLC • josh@guardianrealestategrp.com
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 399-8034

brenna@stebbinsrealestate.com

1876 Shady Ln, Newton, Carolina, 28658, United States

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515 China Grove RD