Renovated Triplex with Expansion Potential!Discover this nicely renovated triplex offering updates and solid rental income potential. Each unit has been thoughtfully refreshed, creating a comfortable living experience for tenants. With just the addition of a bathroom, this property could easily be converted into a quadplex—unlocking even greater returns. A rare opportunity for both seasoned investors and those looking to expand their portfolio with a flexible, income-producing property.
This Turn-key 16-unit asset in Spring Lake is best-in-class for the price. Property is fully leased with room for a value-add opportunity. Property has been freshly updated and is situated on over 8 acres of land with optional upside. Nestled adjacent to Fort Liberty, the property benefits from a military population where it is common for tenants to pay via BAH allowances, and imbedded into an area that is constantly moder

Spring Lake is located in North Carolina. Spring Lake, North Carolina has a population of 11,629. Spring Lake is more family-centric than the surrounding county with 30.13% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Spring Lake, North Carolina is $39,659. The median household income for the surrounding county is $50,746 compared to the national median of $69,021. The median age of people living in Spring Lake is 24.8 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 45.5 inches per year, with 1.6 inches of snow per year.