For Sale $120,000
"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.
| List Price: | $120,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 800 sqft |
| Parking: | Parking Lot, Shared Driveway |
| MLS Number: | CAR4288590 |
| Subdivision: | none |
| Style: | Other |
| Bathrooms: | 1 |
| Year Built: | 1985 |
| Sewer Type: | Private Sewer |
| Elementary: | George Hildebrand |
| Middle: | East Burke |
| High: | East Burke |
| Date | Event | Price | $/SQFT |
| 05-16-2026 | Listed | $120,000 | $150 |
| 06-21-2025 | Listed | $372,900 | $467 |
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| School Name | Distance | Grades | Rating |
| No schools found | |||
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| Street Address | Distance | Status | List Price | Days on Market |
| 7868/7864 Kinglet Road, Connelly Springs NC | 0 mi | $120,000 | days | |
| 7882 Kinglet Road, Connelly Springs NC | 0 mi | $60,000 | days | |
| 4282 Mount Gilead Church Road, Connelly Springs NC | 0.9 mi | $225,000 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Horizon Realty Associates LLC
7868/7864 Kinglet Road, Connelly Springs NC is a 800 ft2 on a 0.060 acres Appraisal lot. This is for $120,000. This has 2 bedrooms, 1 baths, and was built in 1985.
Based on information submitted to the MLS GRID as of 2026-05-16 09:21:54 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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