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114,111,126 Farmside Drive
Forest City, NC 28043
Residential Multi Family (Apartment)
2.31 Acres
10910 Sqft Living Area
22 Bedrooms
14 Bathrooms (14 Full, 0 Half)
Year Built: 1980
$1,580,000
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Property Description
14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
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Contact Details
Name: Barbara Keever
Email: barbkeever@gmail.com
MLS Listing Id: 4149916
Agent Phone: (828) 429-0771
List Agent License:
Office Name: Odean Keever & Associates, Inc.
Office Phone: (828) 286-1311
Office MLS Id: NCM17940
Listing Status: Active
Listing URL: https://listings.listhub.net/pages/CMLSNC/4149916/?channel=openhousinc
Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
