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Sheri Rich

sheririch3@gmail.com +1(704) 999-7218

$1,375,000

Est. payment - /mo

2,124 SqFt

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Key Details

Property Type Multi-Family

Sub Type Eightplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,124 sqft

Price per Sqft $647

MLS Listing ID 4373451

Style Arts and Crafts,Cottage

Abv Grd Liv Area 2,124

Year Built 1928

Lot Size 4.500 Acres

Acres 4.5

Property Sub-Type Eightplex

Property Description

This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. There are 8 separate individual residences. Property is offered fully occupied. Long term tenants tenants with active lease in place. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. This property has a long operating history, complete with property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $120k in yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451

Location

State NC

County Buncombe

Zoning OU

Interior

Heating Ductless

Cooling Ductless

Appliance Dishwasher, Oven

Laundry Mud Room

Exterior

Street Surface Asphalt,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Slab

Sewer Septic Installed, Shared Septic

Water Shared Well, Well

Architectural Style Arts and Crafts, Cottage

Structure Type Vinyl,Wood

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional, USDA Loan

Listing Terms Cash, Conventional, USDA Loan

Special Listing Condition None

Virtual Tour https://listings.ondreammedia.com/290-Hookers-Gap-Rd-Candler-NC-28715-USA-1

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Listed by Tyler Davis • Patton Allen Real Estate LLC • ashevillehometeam@gmail.com

Nearby School & Business

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Sheri Rich

+1(704) 999-7218

Agent License ID: 314962

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290 Hookers Gap RD Candler, NC 28715

Sheri Rich

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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