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1554 Barringer Street, 
Mount Pleasant, NC 28124

$795,000


2

Beds


1

Bath


3,400

Sq Ft


Multi-Family

Pending

Listed by

Erika Mcnew

Keller Williams Ballantyne Area

Last updated:

November 19, 2025, 09:01 AM

MLS#

4313511

Source:

CH

About This Home

1554 Barringer Street

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.

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Built in 1920

Price Summary

795,000

$233 per Sq. Ft.

MLS #:

4313511

Last Updated:

November 19, 2025, 09:01 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

3,400 Sq. Ft.


Structure

Structure

Building Area:

3,400 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$233 per Sq. Ft.

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