7868/7864 Kinglet Road, Connelly Springs, NC 28612

About This Property

"BRING ALL OFFERS" Two townhouse units—7864 & 7868 Kinglet Drive—offered together for $120,000 and priced for a quick sale. This is a unique chance to purchase two income-producing properties in one transaction with multiple use options. Material Facts / Property Condition: Unit 7864 experienced a fire that occurred when a tenant left the residence. The fire was contained to a very small area and primarily damaged the carpet in one bedroom. There is smoke damage; however, it is limited. The owner does have insurance, and the list price has been reduced $20,000 due to the fire. Unit 7864 also has a building permit pulled for an addition; the project (enclosing the porch) was started but not finalized. Both units are in fair condition. The HVAC system in 7868 was recently serviced. Whether you’re looking to maximize rental income, explore short-term rental potential (buyer to verify), or live in one unit while renting the other, this setup offers strong flexibility. 7864 Kinglet Drive offers over 800 sq ft with 2 bedrooms, 1 bath, crawl space foundation, and includes an electric range, refrigerator, and laundry hookups. 7868 Kinglet Drive features approximately 800 sq ft with 2 bedrooms, 1 bath, open living area, kitchen, deck, in-bath laundry, and includes a dishwasher, electric range, refrigerator, and electric water heater. Both units are being sold “as is, where is”, presenting a value-add opportunity for investors looking to build equity and cash flow. Don’t miss this chance to secure two units at a compelling price point.

Property Details