About This Home

This 0-bedroom, 0-bathroom commercial at 611 SE Railroad Street in Wallace, NC is listed for $1,400,000. Built in 1993, on a 0.86 acres lot.

Key Features

  • Built in 1993
  • 0.86 acre lot

Property Details

1993

Amenities

A/C
Listing Description

Build your investment portfolio with these eight duplexes now available in Wallace. Built in 1993 with four buildings each have two rental units. Each unit /floor plan includes 2 bedrooms with 1.5 baths. Downstairs tenants enjoy a living area, half bath kitchen and dining space.

Upstairs there are 2 bedrooms and a full bath. Washer /dryer hookups in place. Written leases are in place with some tenants having resided here for years. At time of listing only one unit was vacant. Duplexes have been well maintained by the owners and vinyl siding provides low maintenance.

There is plenty of off paved off street parking. Units have town water, sewer and trash pick up via Town of Wallace. Present owners do pay those monthly water/sewer/trash service fees. Location is convenient to downtown shopping and Clement Street Park is conveniently located behind the property - enjoy a playground ,walking track, and tennis courts. Easy access to I 40 in less than 10 minutes.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

611 SE Railroad Street

Wallace, NC 28466

Not In Subdivision

Property Details

Flooring

VinylCarpet

Construction

Vinyl Siding Wood Frame

Parking

Off Street

Heating

Forced AirElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 611 SE Railroad Street is listed at $1,400,000. The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1993, 0.86 acre lot.

This property is listed by Valerie R Johnson.

VJ

Valerie R Johnson

License 241499

Agent at JOHNSON REALTY

Listed by JOHNSON REALTY · Broker phone: (910) 285-9111 · Broker website

MLS# 100593791· Source: Hive MLS· 91 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

611 SE Railroad Street, Wallace, NC 28466

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