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1554 Barringer Street, 
Mount Pleasant, NC 28124

$795,000

11

Beds

6

Baths

4,500

Sq Ft

Multi-Family

Active

Listed by

Erika Mcnew

The Virtual Realty Group

Last updated:

March 8, 2026, 01:24 PM

MLS#

4333741

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

6 Baths

11 Bedrooms

Built in 1985

Price Summary

795,000

$176 per Sq. Ft.

MLS #:

4333741

Last Updated:

March 8, 2026, 01:24 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

11

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,500 Sq. Ft.

Structure

Structure

Building Area:

4,500 Sq. Ft.

Year Built:

1985

Lot

Lot Size (Sq. Ft):

17,859

Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$176 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.