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  • $940,000

    21 & 23 Deep Woods Rd, Weaverville, NC 28787

    16beds
    6,720sqft
    Multi Family
    Built in 1982
    -- sqft lot
    $1,235,200 Zestimate®
    $140/sqft
    $1,480 Estimated rent

    Owner options

    List your home for rent

    $1,480/mo

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    $1,480/mo

    Rent Zestimate®

    Refinance and save

    $5,221/mo

    Est. payment

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    $5,221/mo

    Est. payment

    What's special

    Two 3,360 square foot residential buildings, each existing of four units (8 total). All Units are 2 BD/1BA. These turn-key rental units are fully leased, and generate +/-$95,000 of gross annual income. Tremendous opportunity to purchase an excellent income producing property with below market rents and immediate upside potential.    Significant capital invested into property in last five years; including: appliances, complete painting, water filtration system, landscaping and septic system repair and replacement. Originally built 1982 -  Free Standing wood frame buildings with vinyl siding (2013), concrete slab, block foundation, shingle roof (2012).  Property is in good condition with extensive upgrades.  Each Building has two above ground units and two partial below grade units.  Each upper unit has private back deck.  The lower units enjoy a fenced concrete patio entry.  There are full kitchen through-out and storage shed for each building. Please review CoveStar Brochure.

    Zillow last checked: 8 hours ago

    Listing updated: June 29, 2023 at 08:14am

    Listing Provided by:

    James Diaz jim@covestar.com,

    Covestar Investment Realty

    Bought with:

    Keaton Edwards

    G/M Property Group

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4011856MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 1
    • Full bathrooms: 8
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
    • Laundry: None
    Features
    • Flooring: Laminate, Linoleum
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 6,720
    • Total interior livable area: 6,720 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot, Parking Space(s), Shared Driveway
    • Has uncovered spaces: Yes
    • Details: Ample tenant parking; 2 spaces per Unit plus additional for Guest.
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1.75 Acres
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Additional parcels included: 9743520765, 9743530014
    • Parcel number: 9743520970
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Vinyl
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Weaverville

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel, Paved
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    Estimated market value
    $1,235,200