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Listing provided courtesy of Elevation RealtyMLS# 1224764MLS Provider
  • 12 days on site
  • 0 views

Prime Investment Opportunity in Laurinburg, NC! Fully occupied quadraplex generating a solid $3,000 monthly gross income. This property features four 2-bedroom, 1-bathroom units, offering consistent cash flow with long-term, reliable tenants. Recent capital improvements - a new roof installed in 12/2025 & the addition of high-efficiency mini-split HVAC systems & new water heaters in 2021. One unit boasts updated flooring. The property is currently performing well, it offers an excellent opportunity for a value-add investor to perform light cosmetic interior maintenance to further increase equity. Low annual property taxes of only $971. Don't miss this turnkey income-producing asset! This property is a fantastic set it and forget it investment with established, long-term tenants. The major capital expenditures (Roof, HVAC, Water Heaters) have already been addressed, allowing the new owner to focus on light interior maintenance to optimize value and maximize long-term returns.

Source: Triad MLS, MLS#: 1224764

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  • Property Type
    Residential Income
  • Lot
    0.43 acres

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Leonard Ryden Burr Real Estate
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  • Median Age
    39
  • Population Density
    198
  • College Educated
    26%
  • Estimated Median Income
    $33,579
  • Estimated Total Home Owners
    5,056
  • Estimated Total Renters
    3,959
  • Owner / Renter Divide
    56% / 44%
  • Estimated Average Household Size
    3
  • Total Population
    24,677
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 619 Mckay Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: Triad MLS Added to Database
June 17, 2026