1554 Barringer Street, Mount Pleasant NC

  • 11 Bed
  • 0.4 ac

For Sale $795,000

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Remarks:

Back on market due to no fault of seller. This stabilized 5-unit multifamily portfolio includes one single-family residence (1554 Barringer) plus a fourplex (1558, 1562, 1566, 1568 Barringer). Each unit is separately metered for water and electricity, with tenants responsible for their own utilities. Property Highlights: 1554 Barringer (SFR): Completely converted to a 3BR/2BA home with full plumbing rehabilitation, an added bathroom with high ceiling, and a vacuum barrier. Certificate of Completion on file. Fourplex Improvements: Roof replaced; brand-new gutter system; newly extended concrete driveway; new centralized mailbox bank. Interior Upgrades (1566 & 1568): Units fully redone with LVP flooring, new appliances (stove and washer) and new window units in 1568, freshly painted interiors and cabinets, updated switches/fixtures, and added washer/dryer connections. Additional Updates: New lighting fixtures throughout rehabbed units Lawn maintenance: $20 per month (the SFR tenant has to do lawn as part of their lease agreement) With updated systems, durable LVP flooring, in-unit laundry connections, and tenants covering all utilities, this package offers strong cash flow with minimal landlord responsibility. Professional management is currently in place at 8%. Located in the growing Mount Pleasant submarket of Cabarrus County, this property benefits from convenient access to Concord, Kannapolis, and the Charlotte metro, supporting ongoing rental demand.

General Information:

List Price: $795,000
Status: For Sale
Bedrooms: 11
Type: Fiveplex
Parking: Driveway
MLS Number: CAR4313511
Year Built: 1920
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
11-29-2025 Listed $795,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Mount Pleasant Elementary 1 miles KG-05 7
A T Allen Elementary 5 miles KG-05 4
W M Irvin Elementary 7 miles PK-05 2
R Brown McAllister Elementary 8 miles KG-05 4
Coltrane-Webb Elementary 9 miles KG-05 5
Locust Elementary School 9 miles KG-05 6

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
1554 Barringer Street, Mount Pleasant NC 0 mi $795,000 days
8600 Lee Street, Mount Pleasant NC 0.1 mi $374,900 days
8720 Lee Street, Mount Pleasant NC 0.1 mi $299,900 days
1780 Short Street, Mount Pleasant NC 0.2 mi $269,900 days
1787 Eastover Drive, Mount Pleasant NC 0.2 mi $319,000 days
1550 Main Street, Mount Pleasant NC 0.2 mi $1,850,000 days
1 to 6 of 28 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28124

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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.

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    Property Listing Information

    A Courtesy Listing Provided By Keller Williams Ballantyne Area

    1554 Barringer Street, Mount Pleasant NC is a ft2 on a 0.410 acres Appraisal lot. This is for $795,000. This has 11 bedrooms, baths, and was built in 1920.

    Based on information submitted to the MLS GRID as of 2025-11-29 12:40:33 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. Click here for more information

    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.