1554 Barringer Street, Mount Pleasant, NC 28124
Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: erika mcnew
Office: keller williams ballantyne area
MLS#:4313511
Source:CH
1554 Barringer Street,Mount Pleasant, NC 28124
$795,000
- 11 Beds
- 6 Baths
- 4,500 sq. ft.
- Multi-family
- Active
Price summary
- Price:$795,000
- Price per sq. ft.:$176.67
About this home
Back on market due to no fault of seller. This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities.
Property Highlights:
1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file.
Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank.
Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections.
Additional Updates: New lighting fixtures throughout rehabbed units
Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement)
With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%.
Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.
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Home facts
- Year built:1920
- Listing ID #:4313511
- Updated:December 16, 2025 at 02:52 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1920
- Building area:4,500 sq. ft.
- Lot area:0.41 Acres
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$176.67
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