Lincolnton · Lincolnton, NC

115 Villa Lane #8

Lincolnton, NC · 1,408 sqft

$224,000

  • 2Beds
  • 2.5Baths
  • 1,408SqFt
  • 2024Year

About this home

TURNKEY INVESTMENT OPPORTUNITY! Why wait to build your rental portfolio? This nearly new 2-bedroom, 2.5-bath townhouse condo, built in 2024, is already occupied by a month-to-month tenant who would like to remain, offering an investor the potential for continued rental income from day one. Featuring an open-concept floor plan, modern kitchen with granite countertops, white cabinetry, stainless steel appliances, and a convenient 2.5-bath layout. Washer and dryer are included, making this an easy, low-maintenance addition to any portfolio. Located within walking distance to shopping, groceries, banking, restaurants, and everyday conveniences. An identical vacant unit is also available, creating an especially attractive opportunity for investors interested in purchasing one or both properties. See Agent Remarks for showing instructions. Professional photos and measurements will be uploaded prior to going active. Current measurements are from county records.

Property details

Beds
2
Baths
2.5
SqFt
1,408
Lot
Year built
2024
Type
Condo
Style
Traditional
Heating
Heat Pump
Cooling
Central Air
Foundation
Slab
Flooring
Carpet, Vinyl
HOA dues
$150 / mo

Features

  • Lawn Maintenance

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$1,748/ month

Principal & interest
$1,387
Property tax (~0.78%)
$145
Homeowners insurance
$65
HOA dues
$150

Down payment

$11,200 down · $212,800 financed

Income to qualify (28% rule)

~$74,924 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.