$905,000
$975,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
24 Beds
18 Baths
13,440 SqFt
SOLD DATE : 01/11/2024
Key Details
Sold Price $905,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 13,440 sqft
Price per Sqft $67
MLS Listing ID 4072102
Sold Date 01/11/24
Style Traditional
Bedrooms 24
Full Baths 12
Half Baths 12
Construction Status Completed
Year Built 1981
Lot Size 1.360 Acres
Acres 1.36
Lot Dimensions irregular
Property Description
A Great Investment Opportunity! Colonial Arms is a 12 unit 3 building apartment complex in a prime location close to shopping and dining! 3 units have 3 Bedrooms and the other nine units have 2 Bedrooms...all with 1.5 Baths. All apartments have heat pumps and washer/dryer connections. Unit #5 is currently having some improvements made. Forest City water and sewer available along with regular trash pickup. All tenants are on month to month leases A listing agent will need to accompany selling agent and buyer for a showing.
Location
State NC
County Rutherford
Building/Complex Name Colonial Arms
Zoning C-3
Rooms
Basement Other
Interior
Interior Features None
Heating Central, Electric, Heat Pump
Cooling Electric, Heat Pump
Flooring Carpet, Vinyl
Fireplace false
Appliance Electric Range, Electric Water Heater, Refrigerator
Exterior
Exterior Feature Lawn Maintenance
Community Features None
Utilities Available Underground Power Lines
Waterfront Description None
Roof Type Composition
Total Parking Spaces 24
Garage false
Building
Lot Description Level
Foundation Crawl Space, Slab
Sewer Public Sewer
Water City
Architectural Style Traditional
Structure Type Brick Partial,Wood
New Construction false
Construction Status Completed
Schools
Elementary Schools Dunbar
Middle Schools East Rutherford
High Schools East Rutherford
Others
Senior Community false
Acceptable Financing Cash, Conventional
Horse Property None
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Zaf Urmanov • Dane Warren Real Estate