7868/7864 Kinglet Road, Connelly Springs, NC 28612 | MLS #4288590 | Ivester Jackson Blackstream
 
Listing provided courtesy of Horizon Realty Associates LLCMLS# 4288590MLS ProviderContact Information: [email protected]
  • 287 days on site
  • 1 views

BRING ALL OFFERS Two townhouse units—7864 & 7868 Kinglet Drive—offered together for $120,000 and priced for a quick sale. This is a unique chance to purchase two income-producing properties in one transaction with multiple use options. Material Facts / Property Condition: Unit 7864 experienced a fire that occurred when a tenant left the residence. The fire was contained to a very small area and primarily damaged the carpet in one bedroom. There is smoke damage; however, it is limited. The owner does have insurance, and the list price has been reduced $20,000 due to the fire. Unit 7864 also has a building permit pulled for an addition; the project (enclosing the porch) was started but not finalized. Both units are in fair condition. The HVAC system in 7868 was recently serviced. Whether you’re looking to maximize rental income, explore short-term rental potential (buyer to verify), or live in one unit while renting the other, this setup offers strong flexibility. 7864 Kinglet Drive offers over 800 sq ft with 2 bedrooms, 1 bath, crawl space foundation, and includes an electric range, refrigerator, and laundry hookups. 7868 Kinglet Drive features approximately 800 sq ft with 2 bedrooms, 1 bath, open living area, kitchen, deck, in-bath laundry, and includes a dishwasher, electric range, refrigerator, and electric water heater. Both units are being sold “as is, where is”, presenting a value-add opportunity for investors looking to build equity and cash flow. Don’t miss this chance to secure two units at a compelling price point.

Source: Canopy MLS, MLS#: 4288590

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  • Property Type
    Residential

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  • Median Age
    43
  • Population Density
    145
  • College Educated
    27%
  • Estimated Median Income
    $43,417
  • Estimated Total Home Owners
    3,833
  • Estimated Total Renters
    1,018
  • Owner / Renter Divide
    79% / 21%
  • Estimated Average Household Size
    3
  • Total Population
    12,274
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7868/7864 Kinglet Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/24/2026Source: Canopy MLS Price Reduction
$120,000 -14.3%
3/26/2026Source: Canopy MLS Price Reduction
$140,000 -6.7%
11/12/2025Source: Canopy MLS Price Increase
$150,000 57.1%
10/3/2025Source: Canopy MLS Price Reduction
$95,500 -17.0%
9/15/2025Source: Canopy MLS Added to Database
September 15, 2025