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.
Closed
$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
What's special
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#: 4011856
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