740-742 Beech Mountain Parkway

    Beech Mountain, NC 28604
    • $950,000
    • STATUS: Under Contract-Show
    • ON SITE: 26 days
    • ID#: 3521956
    Under Contract
    UPDATED: 29 min ago
    $950,000
    • 31
      BEDS
    • 1.92
      ACRES
    • 17
      BATHS
    • 0
      1/2 BATHS
    • 11,812
      SQFT
    • $80
      $/SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Elite Mountain & Triangle Properties. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    PINE HAVEN APARTMENT BUILDINGS: Rare Investment Income producing Multi Family Apartment buildings in growing Banner Elk. Building 1: 3 x one bedrooms above, 2 x 2 bedroom below (5 units). Building 2: 2 x 1 bedrooms ( 12 units). One of the building was completely rebuilt with new electricity, new plumbing, new roof, new flooring etc. There is a coin laundromat on site with leased washers/dryers of which owner receives a percentage with no maintenance costs. Well on property services buildings, public sewer. All tile floors 12 units are 550 sqft (rents $500-$800); 2 units are 650 sqft ($600-$675) , 3 units are 435 sqft ($575-$600). Monthly Gross rent $10,000. With the increased demands for vacation rentals airbnb and vrbo the potential is limitless to the investor!Elite Mountain & Triangle Properties does not hold escrow monies, please deliver to escrow/closing attorney and copy office via email.

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    Based on information submitted to the MLS GRID as of 2019-07-19T12:59:12.673 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 Carolina Multiple Listing Services, Inc. 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 Stephen Cooley Real Estate Group 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. © 2019 Carolina Multiple Listing Services, Inc.

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    www.stephencooley.com/homes/96202056

    740-742 Beech Mountain Parkway Beech Mountain, NC 28604

    • Price: $950,000
    • Status: Under Contract-Show
    • Updated: 29 min ago
    • ID#: 3521956
    31
    Beds
    17
    Baths
    0
    ½ Baths
    1.92
    Acres
    11,812
    SQFT
    $80
    $/SQFT
    1980
    Built
    County:
    Avery
    Area:
    Beech Mountain
    Elementary School:
    Unspecified
    Middle School:
    Unspecified
    High School:
    Unspecified
    Property Description
    PINE HAVEN APARTMENT BUILDINGS: Rare Investment Income producing Multi Family Apartment buildings in growing Banner Elk. Building 1: 3 x one bedrooms above, 2 x 2 bedroom below (5 units). Building 2: 2 x 1 bedrooms ( 12 units). One of the building was completely rebuilt with new electricity, new plumbing, new roof, new flooring etc. There is a coin laundromat on site with leased washers/dryers of which owner receives a percentage with no maintenance costs. Well on property services buildings, public sewer. All tile floors 12 units are 550 sqft (rents $500-$800); 2 units are 650 sqft ($600-$675) , 3 units are 435 sqft ($575-$600). Monthly Gross rent $10,000. With the increased demands for vacation rentals airbnb and vrbo the potential is limitless to the investor!Elite Mountain & Triangle Properties does not hold escrow monies, please deliver to escrow/closing attorney and copy office via email.
    Exterior Features

    Construction Type Site Built Driveway Gravel Exterior Construction Vinyl Foundation Basement Parking None Style Ranch

    Interior Features

    Equipment Co DetectorElectric Range/Oven Floor Coverings Tile Heating Electric Baseboard Heat Laundry Location Main Sq Ft Basement 2604

    Property Features

    Agent Owner No Multifamily Type Apartments New Construction No Projected Units 17 Sewer City Sewer Special Conditions HudSubject To Lease Tenant Responsibilities All UtilitiesCableElectric HeatWater Water Well Installed Water Heater Electric Zoning R2



    Based on information submitted to the MLS GRID as of 2019-07-19T12:59:12.673 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 Carolina Multiple Listing Services, Inc. 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 Stephen Cooley Real Estate Group 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. © 2019 Carolina Multiple Listing Services, Inc.

    Digital Millennium Copyright Act
     
    Stephen Cooley Real Estate Group
    1560 Ebenezer Road
    Rock Hill SC, 29732
    Offered by Elite Mountain & Triangle Properties. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.