Price Reduction - Primary on Main
Address
12640 Highway 601 Highway, Midland, NC
Price
$ 342,000
Property Attributes
  • ID#4003569
  • TypeSingle Family
  • CountyCABARRUS
  • CityMidland
  • AreaCabarrus County
  • Zip28107
  • StyleRanch
  • Price$ 342,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1660
  • Lot Size1.99 Acres
Data Source:
Canopy MLS
Property Description

Great opportunity to own both a residential and commercial property in the fast-growing town of Midland, North Carolina on almost 2 acres. It is dual zoned for both commercial and residential use. Use it for residential now and in the future convert it to commercial! This can be purchased with the 4-acre property at 12560 Highway 601. Both properties join on the back giving a total acreage of approximately 6 acres when purchased together. Subject to the Town of Midland Rules many commercial projects can be approved on the property. Located only .5 miles from Highway 24/27 (Albemarle Road) the properties are a quick drive to I485, Charlotte, Concord, Monroe. The home was rented for 3 years to the same tenants who just moved out the end of February 2024. Look at the diagram in the pictures to see where the properties join. The pink area is the parameter of both properties. The blue line shows where they join. Currently has septic tank but public sewer is available. Sold AS IS.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
2/20/2023 Listed $450,000
1/3/2024 12% - $399,900
3/28/2024 7% - $375,000
4/7/2024 4% - $360,000
4/13/2024 5% - $342,000

General Features

Interior Features Attic Stairs Pulldown
Sewer Septic Installed
Heating Central,Electric,Heat Pump,Propane
Cooling Ceiling Fan(s),Central Air,Electric,Heat Pump
Utilities Cable Available,Electricity Connected
Roof Shingle
Appliances Electric Range,Electric Water Heater
Architectural Style Ranch
Construction Materials Brick Full
Year Built 1958
Property SubType Single Family Residence
County Cabarrus
New Construction No
Property Type Residential
Subdivision Name none
High School Unspecified
City Midland
Street Name Highway 601
Elementary School Unspecified
Middle/Junior High School Unspecified
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 143040

Interior Features

Flooring Wood
Fireplace Features Living Room
Fireplace Y/N Yes
Above Grade Finished Area 1660
Full Baths 1
Street Suffix Highway
Laundry Features In Kitchen
Total Bedrooms 3
Total Baths 1
SqFt Main 1660
Bedroom 3

Exterior Features

Parking Features Driveway,Parking Space(s)
Lot Features Level
Water Source County Water
Lot Size Area 1.99
Foundation Details Crawl Space
Road Surface Type Gravel,Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28107

Price
AVG $660K
$340K
Visits
AVG 253
588
Data Provided by Inside Real Estate®
Year Built
AVG 2002
1958

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