230 Park Lane

Quadplex Opportunity in Newton, NC – Fully Rented!

Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel.

The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate.

Additional highlights include:
• Ample parking for tenants
• Great location convenient to local amenities
• Solid construction with upside potential
• Opportunity to raise rents for increased cash flow

Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.

Listed by: EXP Realty LLC Mooresville 828-446-4891. The data relating to real estate on this Web site derive in part from the Canopy MLS. IDX program. Listings courtesy of Canopy MLS as distributed by MLS GRID. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither exp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Proprietary Information © 2025 Canopy MLS. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Canopy Multiple Listing Services, Inc. Some IDX listings have been excluded from this website. Based on information submitted to the MLS GRID as of Tuesday, May 13th, 2025 at 08:10:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties displayed may be listed or sold by various participants in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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