$276,000
About this home
Investors, take note! This turnkey 3-bedroom, 1-bath home comes with a new lease already in place, providing guaranteed monthly income from day one. Recently remodeled prior to the current tenant’s move-in, the property requires minimal upkeep, making it a low-hassle addition to your portfolio. The home is currently being utilized as a 4-bedroom, 2-bath home which helps rental marketability. Set back from the road and surrounded by farmland, the home offers a quiet, private setting that is highly desirable for tenants and future homeowners alike. With its floor plan and updated finishes, this property is both comfortable and marketable, ensuring continued rental demand.Whether you’re looking to expand your rental portfolio or secure a home for yourself in the future, 126 Penguin Ln is an opportunity you want to check out.
Property details
- MLS #
- CAR4300681
- Property type
- Single Family Residence
- Subdivision
- None
- Status
- Active
- Days on market
- 266
- On market date
- September 9, 2025
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 398
- Student:teacher ratio
- 13.3:1
- District
- Iredell-Statesville Schools
- Enrollment
- 449
- Student:teacher ratio
- 15.5:1
- District
- Iredell-Statesville Schools
- Enrollment
- 149
- Student:teacher ratio
- 9.3:1
- District
- Iredell-Statesville Schools
Walkability
Blended score for Statesville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Statesville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 2, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.