12 Village Terrace Drive, Rockingham NC
- 32 Bed
- 4.8 ac
For Sale $1,749,900
Remarks:
This multi-unit property offers strong income potential, with each unit approx. 800 sq. ft., featuring 2 bedrooms, 1 bath. Recent capital improvements include new porches, new roofs, and a new asphalt driveway with parking pads at each unit. Select units also have had recent foundation work, interior upgrades, and new HVAC systems. The property was improved this spring with extensive tree services removing dead trees and improving curb appeal. An on-site laundromat was refreshed with new appliances. This adds a revenue stream for increased profitability. The current owner receives $325+/mo in laundry income. Located near major Rockingham attractions like Discovery Place Kids and the upcoming NASCAR Xfinity Series, the property is positioned for future growth. Tenant information and rent details will be provided for a seamless transition. This is a turnkey investment with immediate cash flow potential. Don't delay! Discover this rock solid ROI potential in Rockingham, NC today!
General Information:
| List Price: | $1,749,900 |
| Status: | For Sale |
| Bedrooms: | 32 |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4187048 |
| Year Built: | 1980 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-29-2025 | Listed | $1,749,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cordova School | 2 miles | PK-05 | N/A |
| L J Bell Elementary | 2 miles | PK-05 | 7 |
| East Rockingham Elementary School | 3 miles | PK-05 | 5 |
| Washington Street Elementary School | 3 miles | PK-05 | 3 |
| Fairview Heights Elementary | 5 miles | PK-05 | 6 |
| Monroe Avenue Elementary | 5 miles | PK-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 12 Village Terrace Drive, Rockingham NC | 0 mi | $1,749,900 | days | |
| 189 Broadway Street, Rockingham NC | 0.7 mi | $149,900 | days | |
| 153 Lake Road, Rockingham NC | 1.2 mi | $315,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28379
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Blue Sand Realty & Design LLC
12 Village Terrace Drive, Rockingham NC is a ft2 on a 4.770 acres Appraisal lot. This is for $1,749,900. This has 32 bedrooms, baths, and was built in 1980.
Based on information submitted to the MLS GRID as of 2025-04-29 10:20:29 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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