$1,200,000
$1,335,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
16 Baths
7,594 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Eightplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,594 sqft
Price per Sqft $158
MLS Listing ID 4157433
Sold Date 10/22/24
Bedrooms 16
Full Baths 16
Abv Grd Liv Area 7,594
Year Built 2008
Lot Size 1.900 Acres
Acres 1.9
Property Description
Fully leased eight-plex located off New Leicester Hwy. Property is on well and septic with no interior common areas to maintain. Located in a quiet, peaceful and scenic area and close to town. All units have decks and a view. Property management company in place and knows all tenants and the property. See the attached list of expenses. Some of the expenses should be less going forward. Some rents are lower at $1275 and $1400. Others are at market value bringing $1600. The rent amounts could easily all be brought up to market and bring in an additional $1562 a month for the complex.
Location
State NC
County Buncombe
Zoning OU
Interior
Heating Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet, Vinyl
Fireplace false
Appliance Dishwasher, Electric Oven, Refrigerator
Exterior
Garage Spaces 1.0
Roof Type Shingle
Garage true
Building
Lot Description Cleared, Cul-De-Sac, End Unit, Paved, Views
Foundation Crawl Space
Sewer Septic Installed
Water Shared Well
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Aaron Kraft • House In Order, LLC