703 Lake Ave, Spring Lake, NC 28390

$1,650,000
13,697
SqFt

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Seller Representative GRANT-MURRAY REAL ESTATE LLC.

Buyer Representative

Sold Price
$1,650,000
List Price
$1,745,000
Status
CLOSED
Days on Market
171
Closing Date
Dec 11, 2025
MLS#
LP745879
Subtype
Residential Income
Living Area
13,697
Subdivision
Spring Lake

Property Description

Nice community of 11 brick duplexes. In total 22 two bedroom one bathroom units. All buildings are adjoining and border Spring Lake Middle School and are located on a dead end street with a nice neighborhood feel. All have metal roofs and the 10 other duplexes are 112A/B, 113A/B, 114A/B, 115A/B, 116A/B, 117A/B, 118A/B, 119A/B, 120A/B and 121A/B Calvin Street. 6 units are currently vacant 2 of the 6 are fully rehabbed and rent ready, 4 of the 6 need rehab. Current rents range from $600 to $1000. market rents for rehabbed units is $995.There are 11 tax parcels listed a a package deal.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .