For Sale $1,149,900
Introducing The Townes at Landis, a rare investment opportunity in a boutique community featuring five individually metered townhomes. Each unit offers 3 spacious bedrooms, 2.5 bathrooms, and approximately 1,392 square feet of well-designed living space. Ideal for attracting long-term tenants or maximizing rental income. These low-maintenance townhomes are move-in ready with modern finishes, open-concept layouts, and stainless steel appliances in every kitchen. With strong rental demand and limited inventory in the area, The Townes at Landis offers an excellent opportunity for steady cash flow, minimal upkeep, and long-term equity growth. Investors can purchase and lease all five units, creating a fully managed, income-producing portfolio from day one. Don’t miss your chance to own a high-performing asset in a growing market. Schedule a private showing and explore the income potential today.
Lawn Maintenance
| List Price: | $1,149,900 |
| Status: | For Sale |
| Bedrooms: | 15 |
| Type: | Fiveplex |
| Parking: | Assigned, Parking Lot |
| MLS Number: | CAR4261266 |
| Subdivision: | E Rice Street Townhomes |
| Year Built: | 2025 |
| Sewer Type: | Public Sewer |
| Elementary: | Landis |
| Middle: | Corriher-lipe |
| High: | South Rowan |
| Date | Event | Price | $/SQFT |
| 06-17-2025 | Listed | $1,149,900 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Landis Elementary School | 1 miles | PK-05 | 1 |
| China Grove Elementary School | 2 miles | PK-05 | 2 |
| Enochville Elementary School | 3 miles | KG-05 | 4 |
| Bostian Elementary School | 4 miles | KG-05 | 6 |
| Millbridge Elementary School | 5 miles | PK-05 | 4 |
| Royal Oaks Elementary | 5 miles | KG-05 | 1 |
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.
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 |
| Rice Street, Landis NC | 0 mi | $1,149,900 | days | |
| 411 Central Avenue, Landis NC | 0 mi | $245,000 | days | |
| Rice Street, Landis NC | 0 mi | $249,900 | days | |
| 211 Rice Street, Landis NC | 0 mi | $229,900 | days | |
| Rice Street, Landis NC | 0 mi | $259,900 | days | |
| 229 Rice Street, Landis NC | 0.1 mi | $239,900 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
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 CEDAR REALTY LLC
Rice Street, Landis NC is a ft2 on a 0.850 acres Appraisal lot. This is for $1,149,900. This has 15 bedrooms, baths, and was built in 2025.
Based on information submitted to the MLS GRID as of 2025-06-17 10:46:54 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.
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.