$367,500
$375,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
9 Baths
6,750 SqFt
SOLD DATE : 08/01/2023
Key Details
Sold Price $367,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,750 sqft
Price per Sqft $54
MLS Listing ID 4040719
Sold Date 08/01/23
Style Other
Bedrooms 18
Full Baths 9
Year Built 1965
Lot Size 0.800 Acres
Acres 0.8
Property Description
RESIDENTAL MULTI-UNIT is now available in the much sought after area of Old Fort! These 9 apartments are in a great location, within the city limits, along the banks of Mill Creek on W Orchard Street. Walkable distance to Old Fort's breweries, restaurants, shopping, etc! Excellent opportunity to own a income producing property. With some much needed repairs and/or updates, the potential for increased profitability is high. Current rent ($350-$500) is well below current rent rates for this area. Property is being sold "AS IS" "WHERE IS". All apartments sold together! Each are individually metered so tenants pay for electric and water. All are 750 sq ft with 2 bedrooms/1 bath. No appliances are included in the units. There is a hookup for a stacked washer and dryer. Tenants use window units for cooling and baseboard heat. 1 unit has had some renovating. 5 units are currently being rented (month to month). Building is priced to sell! Come take a look today!
Location
State NC
County Mcdowell
Zoning Unknown
Interior
Interior Features Open Floorplan
Heating Baseboard
Cooling None
Flooring Linoleum
Fireplace false
Appliance None
Exterior
Utilities Available Cable Available, Electricity Connected
Waterfront Description None
Roof Type Metal, Rubber
Parking Type Driveway
Garage false
Building
Lot Description Creek Front, Flood Plain/Bottom Land, Level, Creek/Stream
Foundation Slab
Sewer Public Sewer
Water City
Architectural Style Other
Structure Type Concrete Block
New Construction false
Schools
Elementary Schools Old Fort
Middle Schools West Mcdowell
High Schools Mcdowell
Others
Senior Community false
Restrictions Manufactured Home Not Allowed,Modular Not Allowed
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Kirstie Conner • Greybeard Realty Old Fort Office