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John KurtzNational Real Estate

Mooresville · Mooresville, NC

427 E Mills Avenue

Mooresville, NC · 2,224 sqft

$275,000

  • 3Beds
  • 1.5Baths
  • 2,224SqFt
  • 1927Year

About this home

Exceptional investment and redevelopment opportunity in one of Mooresville's fastest-growing areas. Situated on approximately 0.6 acres just minutes from vibrant Downtown Mooresville, this property offers the location, size, and potential that developers and investors are actively seeking. The surrounding area is experiencing significant residential growth and redevelopment, creating strong momentum for future projects. With nearly double the acreage of some nearby redevelopment sites, this property presents a rare opportunity to secure a larger footprint in a rapidly evolving market. Located near the heart of Mooresville, you'll enjoy convenient access to Lake Norman recreation, local parks, shopping, dining, entertainment, healthcare, and major commuter routes while still benefiting from the charm and stability of an established neighborhood setting. Whether you're looking to develop, hold for appreciation, or explore future redevelopment possibilities, opportunities like this are becoming increasingly difficult to find. Take advantage of the area's continued growth and position yourself in a location where investment activity is already driving value.

Property details

Beds
3
Baths
1.5
SqFt
2,224
Lot
Year built
1927
Type
Single Family
Style
Ranch
Heating
Forced Air
Cooling
Ceiling Fan(s)
Foundation
Crawl Space
Flooring
Wood

Features

  • Kitchen Island

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,023/ month

Principal & interest
$1,703
Property tax (~1.05%)
$240
Homeowners insurance
$80
HOA dues

Down payment

$13,750 down · $261,250 financed

Income to qualify (28% rule)

~$86,742 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.