7558 Katherine Drive
Denver, NC 28037
Est. $1,202/mo — See my rate
$295/Sq Ft
2 bd · 1 ba · 708 sqft · $295/sqft
About This Home
Charming Bungalow Retreat in Denver, NC – Perfect Starter Home or Investment Opportunity
Welcome to this cozy bungalow retreat nestled in the heart of Denver, NC! Situated on a .22-acre lot, this delightful 2-bedroom, 1-bath home offers the perfect blend of comfort, affordability, and investment potential.
Currently operating as a successful rental property, this home has been occupied by the same tenant for the past four years, generating consistent monthly income of $1,150. With a proven rental history and strong cash-flow potential, this property presents an excellent opportunity for investors seeking a turnkey addition to their portfolio.
The current tenant is relocating out of state, creating a rare opportunity for a new owner to either continue its income-producing success or make it their own personal residence. Inside, you'll find a functional floor plan, inviting living spaces, and the charm and character that make bungalow living so appealing.
The manageable yard offers space to relax, garden, or entertain, while the convenient location places you just minutes from shopping, dining, schools, and Lake Norman. Whether you're searching for your first home, looking to downsize, or seeking an affordable investment property, this Denver gem is ready for its next chapter.
Don't miss this opportunity to own a property that combines small-town charm, proven income history, and future potential—all at an attainable price point.
Property Details
Interior Details
- Heating
- Electric
- Heat Pump
- Flooring
- Vinyl
- Sqftmain
- 708
- Roomcount
- 5
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 0
- Bedroommain
- 2
- Fullbathmain
- 1
- Halfbathmain
- 0
- Door Features
- Insulated Door(s)
- Half Bathrooms
- 0
- Total Bathrooms
- 1
- Window Features
- Insulated Window(s)
- Laundry Features
- Mud Room
- Utility Room
- Main Level
- Sqftunheatedmain
- 0
- Mainlevelgarageyn
- 0
- Security Features
- Smoke Detector(s)
- Sqftunheatedtotal
- 0
- Sqfttotalpropertyhla
- 708
- Sqftsecondlivingquartershla
- 0
Dwelling And Structure
- Architectural Style
- Bungalow
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 708
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Roof
- Metal
- Construction Materials
- Wood
- Patio And Porch Features
- Deck
Lot And Land
- Fencing
- Back Yard
- Fenced
- Lot Features
- Level
- Lot Size Acres
- 0.22
- Lot Size Units
- Acres
- Other Structures
- Shed(s)
- Lot Size Dimensions
- 80x121x80x121
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Septic Installed
- Other - See Remarks
- Utilities
- Cable Available
- Electricity Connected
- Water Source
- Well
Financial Information
- Citytaxespaidto
- No City Taxes Paid
- Hoasubjecttodues
- No
Zoning And Restrictions
- Zoningspecification
- R-SF
Listed by Roxy Kraemer (704-902-6958) · Coldwell Banker Realty (704-547-8490)
Location
- Address
- 7558 Katherine Drive
- City
- Denver, NC 28037
- Community
- Lakehaven Estates
Schools
- Elementary
- Rock Springs
- Middle
- North Lincoln
- High
- North Lincoln
School assignments may change. Contact the school district to confirm.
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