1290 Midland RD new

Southern Pines,NC 28387

$ 495000

3 Beds

2 Baths

2133 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,133 sqft

Price per Sqft $232

Subdivision Knollwood Heights

MLS Listing ID 100476604

Style Wood Frame

Bedrooms 3

Year Built 1950

Annual Tax Amount $2,482

Lot Size 0.687 Acres

Property Description

A Rare Duplex in the heart of Knollwood.... grandfathered in and surrounded by single family homes on a gorgeous and private .69-acre lot. This home was built by Ed Causey and has all hardwood floors in both portions of the duplex. The rental history on 1290 Midland has been exceptional with no months of vacancy in the last 3 years. As an investment, this duplex offers value with long term tenants in place through mid-2025. As a home that can be converted down the road to a single-family home, this property offers numerous options. The stellar location is rare in Southern Pines and the topography of the lot offers the ability to add on down the road (both in the front or back).
Charm and Character are the order of the day at 1290 Midland Rd. This is not your cookie cutter duplex!
Each unit offers outstanding features and privacy from one another with distinct separate entrances. There is nothing like it on the market in the Heart of Southern Moore County.

Important Agent Remarks
Copies of both leases are available. Lease for 1290 B runs through June 30th, 2025. For 1290 A, through July 31st, 2025. Natural Gas heat for 1290 B. Heat Pump for 1290 A. Showing Instructions - 24 Hour Notice required. Monday - Friday 9 a.m. - 5 p.m. Weekends - 1 p.m. to 5 p.m.

Location

State NC

County Moore

Community Knollwood Heights

Zoning RS-2

Interior

Heating Gas Pack,Heat Pump,Electric,Natural Gas

Cooling Central Air

Flooring Tile,Wood

Laundry Laundry Closet,Inside

Exterior

Exterior Feature Thermal Windows

Garage Additional Parking,Gravel

Utilities Available Water Connected,Sewer Connected,Natural Gas Connected

Waterfront No

Roof Type Architectural Shingle,Composition

Building

Lot Description Corner Lot

Story 1

Sewer Municipal Sewer

Water Municipal Water

Structure Type Thermal Windows

New Construction No

Schools

Elementary Schools Mcdeeds Creek Elementary

Middle Schools Crain'S Creek Middle

High Schools Pinecrest

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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