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Listed price in listed location currency (USD).
$430,000

000

MLS® LP761265

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 15
Approx. Age 1937
MLS® Number LP761265

Property Address: 1603 Easterling Drive, Spring Lake, NC, 28390

Average square foot calculated using Size range provided by listing agent.

Description

This six-unit asset presents a compelling opportunity within a rapidly evolving and positively trending growth corridor. The property consists of multiple detached dwelling structures, each offering functional layouts and contributing to a diversified income stream. The improvements reflect a blend of character and utility, creating immediate livability while supporting long-term value creation.Positioned in an area experiencing consistent expansion and reinvestment, the surrounding market is marked by increasing demand, ongoing development activity, and a clear trajectory toward higher-density and higher-value uses. The location benefits from strong accessibility to key corridors, employment hubs, and regional drivers, further reinforcing its desirability for both tenants and future end users.The asset is well-suited for investors seeking a balance of in-place cash flow and strategic upside. Its current configuration provides stable income potential, while the broader market dynamics create a favorable environment for future repositioning, expansion, or redevelopment. As growth continues to push outward and infill opportunities become more limited, properties of this nature are increasingly positioned to benefit from appreciation and enhanced utilization.In summary, this is a forward looking investment anchored by existing income, supported by a strengthening market, and enhanced by meaningful long-term potential in a corridor that continues to gain momentum.
MLS® NumberLP761265
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1937
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$430,000List Price
  • Commute

Commute

Starting Address
Destination Address
1603 Easterling Drive, Spring Lake, NC

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