Newton · Newton, NC
120 E 13th Street
Newton, NC · 630 sqft
$75,000
- 2Beds
- 1Baths
- 630SqFt
- 1900Year
- 5Days on market
About this home
Income producing investment opportunity in Newton, NC. 116 E 13th Street offers a single wide home currently tenant occupied and generating rental income, making it an attractive option for investors seeking immediate cash flow with future upside potential. Conveniently located near downtown Newton, shopping, dining, and local amenities, this property provides both accessibility and long term investment appeal.
While the home could benefit from renovations and improvements over time, it presents an excellent opportunity to continue generating income while planning future updates or repositioning the property. Whether you are looking to expand your rental portfolio, add a value add property to your investments, or secure a property with existing income in place, this opportunity offers plenty of potential.
Property is being sold AS IS.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 630
- Lot
- —
- Year built
- 1900
- Type
- Single Family
- Days on market
- 5
- Heating
- Ductless
- Cooling
- Ductless
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$542/ month
- Principal & interest
- $464
- Property tax (~0.90%)
- $56
- Homeowners insurance
- $21
- HOA dues
- —
Down payment
$3,750 down · $71,250 financed
Income to qualify (28% rule)
~$23,255 / 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.