For sale · 40 days on market

$250,000

619 Mckay Street, Laurinburg, NC 28352

0.43 acre lot · built 1939

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.

Facts

Type

Quadruplex

Year built

1939

Lot

0.43 acres

Heating

Forced Air, Electric

Cooling

Wall Unit(s)

Parking

Driveway

Appliances

Electric Water Heater

Exterior

Balcony

Water

Public

Sewer

Public Sewer

HOA

None

Taxes (annual)

$964

County

Scotland

MLS #

1224764

Where it sits

All photos

Listing courtesy of Elevation Realty. Information deemed reliable but not guaranteed. Listing data is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 59 days ago.

Keller Williams One (GKWG01) Lic#C14887