UPDATED:
09/13/2024 01:33 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,577 sqft
Price per Sqft $151
MLS Listing ID 4115918
Style Traditional
Bedrooms 17
Full Baths 9
Abv Grd Liv Area 7,577
Year Built 1971
Lot Size 1.360 Acres
Acres 1.36
Property Description
MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units and breezeway required by county. With the lack of rental units available in Forest City, these high end units are IN DEMAND. As of May 1st, units will be 100% OCCUPIED. See rent roll attached in MLS. Cap rate is indexed at 9.5% at full occupancy
Schedule your tour beginning March 8th. Agents see remarks for disclosures.
Location
State NC
County Rutherford
Zoning R8
Rooms
Basement Other
Interior
Heating Heat Pump
Cooling Heat Pump
Appliance Bar Fridge, Electric Range, Electric Water Heater
Exterior
Waterfront Description None
Parking Type On Street, Parking Lot, Parking Space(s)
Garage false
Building
Lot Description Cleared, Level, Open Lot, Paved, Private
Dwelling Type Site Built
Foundation Crawl Space
Sewer County Sewer
Water County Water
Architectural Style Traditional
Structure Type Brick Full,Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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