$2,250,000
Active
24 Days Online
16 Beds24 Baths9,712 SQFT
Active

501 Mill Street Lowell, NC 28098

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The Townes at Mill Street is a new construction multi-family investment developed and constructed by Stonecrest Homes. The property features two buildings each with 4 units for a total of 8 townhome style rentals. It offers an investor great upside potential with an opportunity to continue to steadily increase returns over time and multiple exit strategies. Each unit is separately metered and appliances are included. Units are delivered vacant. Be sure to check the brochure for features, specifications, sales and rent comps. The site is located in a qualified opportunity zone.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyGaston
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number4143586
  • Home Size Source N/A
  • Year Built2024
  • Lot Size0.5 Acres
  • Full Baths16
  • Partial Baths8

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General Features

  • Style Transitional
  • Construction Stone
  • Parking Parking Space(s)
  • Sewer Public Sewer
  • Number of Stories 2
  • Garage Spaces 0
  • Utilities Cable AvailableElectricity Connected
  • Foundation Slab
  • Property Sub Type Eightplex
  • Number Of Stories 2
  • Water City
  • Lot Features Level

Interior Features

  • Cooling Central AirHeat Pump
  • Heating CentralHeat Pump
  • Appliances DishwasherDisposalElectric RangeMicrowaveRefrigeratorWasher/ Dryer
  • Flooring CarpetLaminate
  • Interior Cable Prewire
  • Laundry Features Laundry Closet
  • Window Features Insulated Window(s)
  • Fireplace No

Exterior Features

  • Roof Composition
  • Fencing Privacy
  • Waterfront Property No
  • Waterfront Features None
  • Lot Level
  • Other Structures None
  • Construction Details Brick PartialStoneVinyl
  • Horse Amenities None

Community Features

  • Community Features None
  • Senior Community No
  • Pet Information Conditional

Schools

School District
Unknown
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

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Monthly Payment (Est.)

$11,915
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