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USANCSpring LakeSpring Lake560 W Manchester Rd
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560 W Manchester Rd, Spring Lake, NC

House

For Sale

Listed price in listed location currency (USD).
$359,000

000

MLS® LP760759

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 
MLS® Number LP760759

Property Address: 560 W Manchester Rd, Spring Lake, NC, 28390-2312

Average square foot calculated using Size range provided by listing agent.

Description

This 4-unit multifamily property presents a compelling opportunity for investors seeking both immediate income and flexible long-term potential. Situated on approximately 4.80 acres with direct road access, the property offers a unique blend of existing cash flow and land value in a market supported by steady rental demand due to its proximity to Fort Liberty. The layout lends itself to multiple strategies, including traditional long-term rentals, a house-hack approach, or potential short-term rental use (subject to local regulations and buyer verification).Current rents appear to be below prevailing market levels, offering a potential path for future increases, while historically low vacancy trends in the area may support consistent occupancy. Some updates have already been completed, and roof improvements may completed with an acceptable offer prior to closing. The property features a mix of public sewer and septic systems and is located within a controlled/restricted airspace due to proximity to military installation. Spring Lake and the surrounding areas have experienced steady growth in recent years, with ongoing development, infrastructure improvements, and continued demand driven by the nearby military base. Market rents have shown a consistent upward trajectory, reflecting stable and positive growth trends that may support long-term appreciation and income stability.Additionally, the property’s size, unit count, and income profile may make it attractive for a variety of financing options, including conventional, portfolio, or investor-focused lending programs, potentially allowing buyers to leverage favorable terms depending on qualifications.Overall, this asset may appeal to investors pursuing value-add opportunities, rental repositioning, or long-term hold strategies in a market that continues to demonstrate resilience and growth. Buyers are encouraged to conduct their own independent due diligence to verify all information, rental potential, financing options, and permitted uses to ensure the property aligns with their investment goals.
MLS® NumberLP760759
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$359,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$359,000List Price
  • Commute

Commute

Starting Address
Destination Address
560 W Manchester Rd, Spring Lake, NC

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