For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $367,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,750 sqft
Price per Sqft $54
MLS Listing ID 4040719
Style Other
Bedrooms 18
Full Baths 9
Year Built 1965
Lot Size 0.800 Acres
Property Description
RESIDENTAL MULTI-UNIT is now available in the much sought after area of Old Fort! These 9 apartments are in a great location, within the city limits, along the banks of Mill Creek on W Orchard Street. Walkable distance to Old Fort's breweries, restaurants, shopping, etc! Excellent opportunity to own a income producing property. With some much needed repairs and/or updates, the potential for increased profitability is high. Current rent ($350-$500) is well below current rent rates for this area. Property is being sold "AS IS" "WHERE IS". All apartments sold together! Each are individually metered so tenants pay for electric and water. All are 750 sq ft with 2 bedrooms/1 bath. No appliances are included in the units. There is a hookup for a stacked washer and dryer. Tenants use window units for cooling and baseboard heat. 1 unit has had some renovating. 5 units are currently being rented (month to month). Building is priced to sell! Come take a look today!
Location
State NC
County Mcdowell
Zoning Unknown
Interior
Heating Baseboard
Cooling None
Flooring Linoleum
Exterior
Utilities Available Cable Available, Electricity Connected
Waterfront Description None
Roof Type Metal, Rubber
Building
Lot Description Creek Front, Flood Plain/Bottom Land, Level, Creek/Stream
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Concrete Block
New Construction false
Schools
Elementary Schools Old Fort
Middle Schools West Mcdowell
High Schools Mcdowell
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Kirstie Conner • Greybeard Realty Old Fort Office
Get More Information
Michelle Alexander Hovey
Broker Associate | License ID: 275544
Broker Associate License ID: 275544
- Homes for Sale in Charlotte
- Homes for Sale in Mooresville
- Homes for Sale in Concord
- Homes for Sale in Statesville
- Homes for Sale in Huntersville
- Homes for Sale in Gastonia
- Homes for Sale in Waxhaw
- Homes for Sale in Denver
- Homes for Sale in Belmont
- Homes for Sale in Matthews
- Homes for Sale in Davidson
- Homes for Sale in Cornelius
- Homes for Sale in Mint Hill
- Homes for Sale in Troutman
- Homes for Sale in Stanley
- Homes for Sale in Weddington
- Homes for Sale in Terrell
- Homes for Sale in Sherrills Ford