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.
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3BEDS
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0.69ACRES
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2BATHS
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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.
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