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For more information on this property, contact Debe Maxwell at (704) 491-3310 or SavvyBroker@me.com

111, 114, 126 Farmside Drive
Forest City, North Carolina NC 28043-7165
Sold For: $920,000
Listing ID 3876029
Status Closed
Sold Date 8/30/2022
Bedrooms 22
Full Baths 14
Total Baths 14
SqFt 10,910
Acres 2.310
Year Built 1979

Property Description:

Don't miss out on these long term tenants at this 14 unit 3 building apartment complex! 100% occupancy. 8 Units are 2/1 and 6 units are 1/1. $7,900 monthly/ $94,800 Yearly. Low maintenance brick and metal roofing create a fantastic opportunity for the investor. These have been well maintained with updates. Several new AC units and water heaters! Call today!

Primary Features

County: Rutherford
Property Sub Type: Multi-Family
Property Type: Residential Income
Year Built: 1979

Interior

Appliances: Electric Cooktop, Electric Oven, Refrigerator
Flooring: Carpet, Vinyl
Heating: Central, Heat Pump, Heat Pump, Wall Unit(s)
Laundry Features: Main Level
Unit Count: 14

External

Construction Materials: Brick, Brick Partial, Wood Siding
Construction Type: Site Built
Foundation Details: Slab
Lot Size Units: Acres
New Construction: no
Number Of Units Total: 14
Parking Features: Parking Space - 4+
Road Responsibility: Public Maintained Road
Sewer: Septic Installed
Structure Type: Apartments
Water Heater: Electric
Water Source: Well

Location

Building Area Total: 10910
Elementary School: Unspecified
High School: Unspecified
HOA Subject To: None
Middle Or Junior School: Unspecified
Zoning Description: Apartmen

Additional

Deed Reference: 2059-4480
Pets Allowed: No
Table: Listing - Multifamily

Financial

Rent Includes: Water
Special Listing Conditions: None
Tenant Pays: Cable TV, Electric Heat, Electricity, Garbage Pick-up, All Utilities, All except water

Zoning Info


Area Info


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