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 RemarksCopies 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.
-
3BEDS
-
0.69ACRES
-
2BATHS
-
01/2 BATHS
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 RemarksCopies 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.
© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-11T00:01:51.907.