Mount Pleasant, NC 28124,1554 Barringer ST
Mount Pleasant, NC 28124,1554 Barringer ST
Mount Pleasant, NC 28124,1554 Barringer ST
6
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$795,000
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2 Beds
1 Bath
3,400 SqFt
New

1554 Barringer ST Mount Pleasant, NC 28124

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Key Details

Property Type Multi-Family

Sub Type Fiveplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $233

MLS Listing ID 4313511

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 3,400

Year Built 1920

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Fiveplex

Property Description

This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities.

Property Highlights:

1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file.

Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank.

Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections.

Additional Updates: New lighting fixtures throughout rehabbed units

Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement)

With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%.

Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.

Location

State NC

County Cabarrus

Zoning RH

Interior

Heating Heat Pump

Cooling Central Air, Window Unit(s)

Flooring Vinyl

Appliance Dishwasher, Oven, Refrigerator, Washer

Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Street Surface Concrete,Gravel

Garage false

Building

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Aluminum,Brick Partial

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash, FHA, USDA Loan, VA Loan

Listing Terms Cash, FHA, USDA Loan, VA Loan

Special Listing Condition None


Listed by Erika McNew • Keller Williams Ballantyne Area • erikamcnew@gmail.com

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Dana Gibson

Dana Gibson

Executive Broker | License ID: 336073

+1(828) 217-1215

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1554 Barringer ST