Perfect investment property for someone looking for a duplex to invest in. One tenant already in place. One unit available. One unit has 2 bedrooms, 1 bathroom, kitchen and living room (~625 square feet). The second unit has 1 bedroom and 1 bathroom, living room, and a kitchenette area (~446 square feet). Needs a little TLC.
Property Details
Property Features
Property Information:
Year Built: 1940
Listing Office:
Office Name: Coldwell Banker Premier Team Realty
Office Phone: (910) 738-3441
School Info
Assigned Schools Information:
South Robeson High School, Public District Grades 9-12
Psrc Early College At Rcc, Public District Grades 9-12
Rowland Middle School, Public District Grades 6-8
Price Information
Listing Price Info
Price Summary:
List Price: $32,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: FAY
MLS Number: #719905
Listing Office:
Office Name: Coldwell Banker Premier Team Realty
Office Phone: (910) 738-3441
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 7:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$227
Per Month
Principal & Interest
$160
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
5
/10
Rowland Middle School
408 W Chapel St
Distance between this listing and this school0.45 miles
Public District Grades 6-8
High School
2
/10
South Robeson High School
3268 S Robeson Rd
Distance between this listing and this school2.59 miles
Public District Grades 9-12
9
/10
Psrc Early College At Rcc
5160 N Fayetteville Rd
Distance between this listing and this school19.25 miles
Public District Grades 9-12
Nearby Schools
4
/10
Union Elementary School
2547 Nc Highway 710 S
Distance between this listing and this school3.57 miles
Public District Grades PK-6
3
/10
Green Grove Elementary School
1850 School Rd
Distance between this listing and this school8.93 miles
Public District Grades PK-3
4
/10
Rosenwald Elementary School
301 Martin L King Dr
Distance between this listing and this school10.39 miles
Public District Grades PK-4
Assigned Schools
5
/10
Rowland Middle School
408 W Chapel St
Distance between this listing and this school0.45 miles
Public District Grades 6-8
Nearby Schools
2
/10
Fairgrove Middle School
1953 Fairgrove Rd
Distance between this listing and this school7.54 miles
Public District Grades 4-8
1
/10
Fairmont Middle School
402 Iona St
Distance between this listing and this school10.54 miles
Public District Grades 5-8
Assigned Schools
2
/10
South Robeson High School
3268 S Robeson Rd
Distance between this listing and this school2.59 miles
Public District Grades 9-12
9
/10
Psrc Early College At Rcc
5160 N Fayetteville Rd
Distance between this listing and this school19.25 miles
Public District Grades 9-12
Nearby Schools
3
/10
Dillon High School
1730 Highway 301 N
Distance between this listing and this school7.72 miles
The neighbors living near this home have an average income of $23,043. The most common annual income of people living in Robeson County, NC is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 503 S Martin Luther King, Jr St in Rowland, NC and zip code 28383. This home was built in 1940. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $32,000.
While more than 9 listings in Robeson County, NC in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 14 were sold below. In March 2024 in Robeson County, NC there were 1.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $199,000.
From Rocket Homes Real Estate and based on county public records data.