UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,640 sqft
Price per Sqft $161
MLS Listing ID 4412691
Bedrooms 24
Full Baths 12
Abv Grd Liv Area 8,640
Year Built 1959
Lot Size 1.730 Acres
Acres 1.73
Property Sub-Type Apartment
Property Description
VERY well maintained property, completely remodeled
3 buildings with 4 units each, 12 total units total
All units are 2 bedrooms 1 bathroom
Very low turnover, many long term tenants, annual leases
$133,800 current annual rent
Market rent $144,000
Annual expenses $12,875
All utilities paid by tenants, separately metered
All units have washer & dryer & dishwashers
Central air
Brick buildings with new low maintenance metal roofs
Great quiet location in high demand area, close to everything
OWNER FINANCING preferred terms:
$350K min downpayment
6.75% interest rate
5 years or less balloon payment
30 years amortization, interest only payments option is possible
Annual expenses include:
?Taxes -- $7,307
?Insurance -- $3,891
?Lawn Care -- $1,500
?Lighting -- $ 177
Total $12,875
Location
State NC
County Caldwell
Zoning R-75
Interior
Heating Central
Cooling Central Air
Appliance Dishwasher, Electric Range
Laundry In Bathroom
Exterior
Street Surface Asphalt,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Call
Senior Community false
Acceptable Financing Cash, Conventional, Exchange, Owner Financing
Listing Terms Cash, Conventional, Exchange, Owner Financing
Special Listing Condition None
Nearby School & Business
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