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Waynesville · Waynesville, NC

80 Mcelroy Street

Waynesville, NC · 1,424 sqft

$325,000

  • 4Beds
  • 2Baths
  • 1,424SqFt
  • 1984Year
  • 1Days on market

About this home

Turn-Key Duplex Near Downtown – Ideal for Investors or Owner-Occupants! Looking for a smart investment or a way to live for less while building equity? This renovated duplex, tucked just off Russ Ave, puts you minutes from shopping, restaurants, and easy highway access. Each side offers 2 bedrooms, 1 full bath, an open living room, and an eat-in kitchen outfitted with new cabinets and appliances. A full laundry room in each unit adds everyday function & storage for owners and tenants alike. This property has been extensively renovated top to bottom: durable luxury vinyl plank flooring throughout, new water heaters, new windows and doors, and new electric heat in each unit. Vinyl siding & seamless metal roof and gutters mean low-maintenance peace of mind for years to come. Outside, each unit enjoys its own covered front sitting porch, plus a side grill porch. Whether you're an investor seeking strong rental potential or a buyer who wants to live in one unit while renting the other to offset your mortgage, this move-in-ready duplex checks every box. Just move in and enjoy, or place tenants and start earning from day one.

Property details

Beds
4
Baths
2
SqFt
1,424
Lot
Year built
1984
Type
Single Family
Days on market
1
Heating
Baseboard
Cooling
None
Foundation
Crawl Space
Flooring
Vinyl

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,351/ month

Principal & interest
$2,012
Property tax (~0.90%)
$243
Homeowners insurance
$94
HOA dues

Down payment

$16,250 down · $308,750 financed

Income to qualify (28% rule)

~$100,772 / 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.