7558 Katherine Drive, Denver, NC 28037

$209,000
2
BD
1
BA
708
SqFt

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Listing courtesy of Coldwell Banker Realty. roxanne.kraemer@CBrealty.com

List Price
$209,000
MLS#
4398922
Status
ACTIVE
Days on Market
11
Property Type
Residential
Architectural Style
Bungalow
Year Built
1945
Bedrooms
2
Bathrooms
1
Full Baths
1
Lot Size
9,583
Lot Size Area
0.22
Living Area
708
Sq Ft Total
708
County
Lincoln
Subdivision
Lakehaven Estates
Special Conditions
None

Property Description

Charming Bungalow Retreat in Denver, NC – Perfect Starter Home or Investment Opportunity Welcome to this cozy bungalow retreat nestled in the heart of Denver, NC! Situated on a .22-acre lot, this delightful 2-bedroom, 1-bath home offers the perfect blend of comfort, affordability, and investment potential. Currently operating as a successful rental property, this home has been occupied by the same tenant for the past four years, generating consistent monthly income of $1,150. With a proven rental history and strong cash-flow potential, this property presents an excellent opportunity for investors seeking a turnkey addition to their portfolio. The current tenant is relocating out of state, creating a rare opportunity for a new owner to either continue its income-producing success or make it their own personal residence. Inside, you'll find a functional floor plan, inviting living spaces, and the charm and character that make bungalow living so appealing. The manageable yard offers space to relax, garden, or entertain, while the convenient location places you just minutes from shopping, dining, schools, and Lake Norman. Whether you're searching for your first home, looking to downsize, or seeking an affordable investment property, this Denver gem is ready for its next chapter. Don't miss this opportunity to own a property that combines small-town charm, proven income history, and future potential—all at an attainable price point.

Additional Information

Floor Coverings
Vinyl
Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Kitchen, Living Room, Primary Bedroom, Bedroom(s), Laundry
Laundry Location
Mud Room, Utility Room, Main Level
Heating
Electric, Heat Pump
Water
Well
Sewer
Septic Installed, Other - See Remarks
Exterior Construction
Wood
Roof
Metal
Parking
Driveway
Driveway
Concrete, Paved
Lot Description
Level
Elementary School
Rock Springs
Middle School
North Lincoln
High School
North Lincoln
Total Property HLA
708
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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