RARE CORPORATE RENTAL & INVESTMENT OPPORTUNITY | FALLS COVE
119 Port Bow Drive is a rare opportunity to acquire one of a limited number of rental-approved homes in Falls Cove, with an established three-year history of renters. This property is ideally suited for corporate housing, executive rental, or long-term investment use in the Lake Norman Market. Its proven rental history provides investors with actual operating experience rather than simply projected rental potential. Recent improvements include new carpeting, fresh interior paint, irrigation, landscaping, fencing, exterior lighting, updated blinds, and a newer refrigerator, reducing near-term capital requirements. Conveniently located near Lake Norman, Charlotte, Mooresville, major employment centers, shopping, dining, and transportation. Limited rental inventory, established rental history, corporate-housing potential, and recent improvements make this a compelling residential investment asset. Offered at $485,000
Property Details
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
- Cooling Features
- Central Air
- Bedrooms
- 4
- Bathrooms
- 3.5
- Full Baths
- 3
- Half Baths
- 1
- Stories
- 2
- Acres
- 0.0
- Square Feet
- 2637.0
- Lot Size (sqft)
- 0.32
- Parking Features
- Attached Garage
- Parking
- 1
- Parking Spaces
- 2
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Property Type
- Purchase
- Year Built
- 2021
- Foundation
- Slab
- Sewer Information
- Public Sewer
- Utility Source
- City
- Appliances
- Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator
- Subdivision
- Falls Cove at Lake Norman
- Elementary School
- Troutman
- Middle School
- Troutman
- High School
- South Iredell
- County
- Iredell
- Region
- Troutman
- Zoning
- CZ
- Original List Price
- $479,000
- Days on Market (Cumulative)
- 88
- HOA
- 1
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-06-17T13:50:05Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Provided By
Listed by Craig Tribus (#CARR62478)
Listing Office: Beycome Brokerage Realty LLC (#CARR00266)
