$1,150,000
Active
91 Days Online
17 Beds9 Baths7,577 SQFT
Active

319 Willow Run Drive Forest City, NC 28043

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Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units. 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.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyRutherford
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site91 Days
  • MLS StatusActive
  • MLS ID Number4115918
  • Home Size Source N/A
  • Year Built1971
  • Lot Size0.88 Acres
  • Full Baths9
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Parking On StreetParking LotParking Space(s)
  • Basement Other
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Sewer County Sewer
  • Water County Water
  • Lot Features ClearedLevelOpen LotPavedPrivate

Interior Features

  • Cooling Heat Pump
  • Heating Heat Pump
  • Appliances Bar FridgeElectric RangeElectric Water Heater
  • Laundry Features In Unit

Exterior Features

  • Waterfront Property No
  • Waterfront Features None
  • Lot ClearedLevelOpen LotPavedPrivate
  • Construction Details Brick FullVinyl

Community Features

  • Pets Call
  • Senior Community No
  • Pet Information Call

Schools

School District
Unknown
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

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Monthly Payment (Est.)

$6,139
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