Description
Introducing an exceptional investment opportunity with high revenue potential! 31 units total. This property features (1) 3-bedroom, 2-bathroom brick home along with (30) 2-bedroom, 1-bathroom apartment units. Eleven of these units have been completely remodeled to modern standards, and several others boast new roofs, ensuring minimal maintenance in the near future. Currently 20 units are rented. A few units need minimal work to get back in use. Situated on a sprawling 11-acre lot, approximately 8 acres are primed for additional expansion, offering vast possibilities for further development and increased rental income. This combination of established rental units and significant expansion potential makes this property a cash cow for savvy investors. Don't miss out on this chance to maximize your return on investment!
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65BEDS
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11ACRES
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33BATHS
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01/2 BATHS
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15,125SQFT
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$126$/SQFT
School Information
Offered by Huffman Realty Group, LLC: 828-446-7229. Copyright 2024 Canopy MLS. All rights reserved.Description
Introducing an exceptional investment opportunity with high revenue potential! 31 units total. This property features (1) 3-bedroom, 2-bathroom brick home along with (30) 2-bedroom, 1-bathroom apartment units. Eleven of these units have been completely remodeled to modern standards, and several others boast new roofs, ensuring minimal maintenance in the near future. Currently 20 units are rented. A few units need minimal work to get back in use. Situated on a sprawling 11-acre lot, approximately 8 acres are primed for additional expansion, offering vast possibilities for further development and increased rental income. This combination of established rental units and significant expansion potential makes this property a cash cow for savvy investors. Don't miss out on this chance to maximize your return on investment!
Based on information submitted to the MLS GRID as of 2024-12-11T13:33:54.133 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MartinGroup Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.
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