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Multi-Family

2675 Bethlehem Drive Claremont NC 28610

Claremont, NC2675 Bethlehem Drive, Unit Portfolio

Price$8,567,000

Est. Mortgage: $/month

Pending

MLS Number CAR4013517

  • MultiFamily
  • Bedrooms 155
  • Square Feet 74,945
  • Acreage 8.27
  • Property SubType Residential Income

This 12 property rental investment portfolio with a total of 80 units is located in the four growing cities of: Hickory, Newton, and Claremont in Catawba County and Granite Falls in Caldwell County. These communities are nestled between Charlotte, Asheville, and Boone, North Carolina. The portfolio comprises one 19 unit complex, one 12 unit complex, two 10 unit complexes, one 8 unit complex, one 5 unit complex, three duplexes, one single family home, and one condo. Major renovations have been done at several of the properties and minor repairs and replacements have been done in preparation for sale. Sqft=75,369 & Acr=8.27. Units have laundry hookups, central heat/air, and city water and sewer service. Gross income for March 2022 - February 2023 was $560,358. At an average of $667.93 per unit per month, rents have plenty of room for growth and expenses should be much lower in coming years. Seller will close with 1031 exchange. Request offering memorandum for details.

Listed by Hayden Thornburg of Thornburg & Associates,Inc.

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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112 Tiffany Hill Lane Mills River NC 28759

Mills River, NC112 Tiffany Hill Lane

Price$3,500,000

Est. Mortgage: $/month

MLS Number CAR3906205

  • MultiFamily
  • Bedrooms 10
  • Square Feet 9,286
  • Acreage 6.11
  • Property SubType Residential Income

Three (3!) incredible residences on 6+/- acres including meandering walking trails & herb gardens. Fantastic Mills River central location: just 10 min to AVL airport & the upcoming Ecusta Trail, 15 min to Brevard/Pisgah Forest & Hendersonville, & 30 min to Asheville - this majestic retreat awaits you. The Main House offers 4700 sq ft of living space including a commercial chef's kitchen, multiple living spaces, ample patio space, & 5 en-suite bedrooms. A charming 1210 sq ft Carriage House sits outside of the Main House offering 2 additional guest rooms w/full en-suites on the upper level. On the lower level, you will find a 1167 sq ft high-end studio apartment w/a one car garage, ideal for a caretaker's suite. The picturesque Third Home is 112 Tiffany Hill: 2213 sq ft w/a family room graced by a stone fireplace, 2 BDS, 2.5 BA, & a screened porch. Zoned as a "multi-use" property, it would be ideal as a wedding venue, event space, wellness center, corporate retreat or family compound.

Listed by Laura Livaudais and Ellen McGuire of IvesterJackson Blackstream

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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305 Sams Trail Dallas NC 28034

Dallas, NC305 Sams Trail

Price$3,150,000

Est. Mortgage: $/month

Pending

MLS Number CAR3652556

  • MultiFamily
  • Square Feet 30,488
  • Acreage 22.52
  • Property SubType Residential Income

An incredible investment opportunity in the growing city of Dallas. Updated 33 unit complex composed of 3 SFH, 3 duplexes, 2 sixplexes, 1 fiveplex, 1 fourplex, and 1 triplex on 22.5 acres of land. There are 2 vacant parcels included that offer a unique opportunity for expansion. Some units are still below market rent but have been renovated and could immediately be increased. Gross rents are over $313K with the potential to reach $360K by simply increasing rent as leases expire. Currently at 100% occupancy with pre leases at market rent through 10/2020 & a wait list of qualified tenants. Newly installed playground and picnic area with room to add a dog park. Brand new roof on 205 Sams trail home and a new roof to be completed on 305 Sams Trail at sellers expense prior to sale. New HVAC systems on many units. Centrally located just 30 minutes to Charlotte, 15 Minutes to Gastonia and Lincolnton. Please do not disturb the tenants. Listing agent is to accompany all showings.

Listed by Keller Williams Select

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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708 Cotton Street Monroe NC 28112

Monroe, NC708 Cotton Street

Price$3,000,000

Est. Mortgage: $/month

Pending

MLS Number CAR4013305

  • MultiFamily
  • Bedrooms 41
  • Square Feet 43,800
  • Acreage 2.89
  • Property SubType Residential Income

41 unit apartment building close to downtown Monroe, NC. Great investment opportunity. All units are one bedroom, one bath. DO NOT DISTURB TENANTS!

Listed by Claire Simpson of Simpson Properties

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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28 Buffalo Street Asheville NC 28806

Asheville, NC28 Buffalo Street

Price$3,000,000

Est. Mortgage: $/month

MLS Number CAR4019546

  • MultiFamily
  • Square Feet 12,392
  • Acreage 1.17
  • Property SubType Residential Income

Income Producing / Multi-Family Investment Property located in the West Asheville Community. This Offering is for a Portfolio of 15 Rental Units on 7 separate tax parcels. There are 7 Duplexes constructed in 2012-2013, each duplex has a Main Floor unit consisting of 3 bedrooms/2 baths and an Upper Floor unit consisting of a 1 bedroom/ 1 bath each with its own private entrance, and there is 1 Brick SFR built in 1961 (302 Deaverview) with 3 bedrooms/2 baths. Each Structure stands alone on its own individual tax parcel. The Deaverview & Huffman Street units are on adjoining & contiguous parcels consisting of 9 Rental Units in one location. (GIS Map attached). The Buffalo Street units are also adjoining & contiguous parcels with the remaining 6 Rental Units together in a separate location within a 2.5 miles drive from one another. Please review the CoveStar Brochure for additional details. Annual property operating data and a rent roll with lease sensitivities are available upon request.

Listed by James Diaz of Covestar Investment Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2243 Selwyn Avenue Charlotte NC 28207

Charlotte, NC2243 Selwyn Avenue, Unit 101,102,103,104

Price$2,795,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3935880

  • MultiFamily
  • Bedrooms 8
  • Square Feet 4,864
  • Acreage 0.52
  • Property SubType Residential Income

This 1/2 acre lot on Sewlyn Ave is tucked right between Queens University and Myers Park CC and just minutes from Uptown. A 2006 renovated Quadplex with four, 1,230 sqft, 2 bed, 2 bath condo flats are on the property. All 4 units and condo building are in excellent condition. Currently zoned R-22, but will convert to N2-B on 7/1/23. Site Map, existing condo docs, unit ownership file and more attached. Contact listing agent with any questions & for showings. Property is gated and occupied.

Listed by Matt Claxton and Rob Swaringen of My Townhome LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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460 Elk Mountain Scenic Highway Asheville NC 28804

Asheville, NC460 Elk Mountain Scenic Highway

Price$2,700,000

Est. Mortgage: $/month

MLS Number CAR3935327

  • MultiFamily
  • Bedrooms 4
  • Square Feet 2,926
  • Acreage 2.8
  • Property SubType Residential Income

Family compound nestled on Elk Mountain Scenic Hwy offering enchanting grounds & expansive East, South & West year-round views of downtown Asheville & the mountain-ranges beyond. Incredible opportunity for passive income w/3 separate dwellings. The Appalachian main house features architecturally renovated spaces w/stunning kitchen, 3BRs, plus home office & loft. Two turn-key cottages offer endless possibilities for renting. Grossing an avg of $137,200/year (cottage & suite only), the cottages offer like-new construction w/gracious finishes, open decks, hot tub, & endless views across the Beaverdam Valley. No restrictions on short-term renting 1, 2 or all 3 units. New approved septic revision to expand existing 3 BR system to a 5 BR system on file, buyer to expand. Enjoy sunset views, a beautiful park-like setting, 2 garages & endless potential: Live, rent, expand! 10min to the Blue Ridge Pkwy & 10min to DT Asheville. https://iframe.videodelivery.net/08fb2176ec58296f621d2b3f4e72d455

Listed by Jennifer Farley and Cain Cox of Premier Sotheby’s International Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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20 Ducks Walk Trail Hendersonville NC 28792

Hendersonville, NC20 Ducks Walk Trail

Price$2,500,000

Est. Mortgage: $/month

Pending

MLS Number CAR3931336

  • MultiFamily
  • Square Feet 300
  • Acreage 7.75
  • Property SubType Residential Income

Investor Alert. Well-established income producing MHP 3 mins to I-26, 8 mins to DT H'ville. Add this to your portfolio and purchase at a 9% cap rate w annual income over 240K (based on 2022 #s). Total 62 pads: 48 homes, most with written month-to-month leases in place. 11 lot rents with written leases in place. Most residents are long-term tenants. See brochure for approx 2022 financials (to be verified by buyer). On site office/warehouse. Most equipment/supplies convey (some exceptions). Security cameras, outdoor lighting, new apt-style mailboxes. Public water/sewer. Majority of property located in ETJ, only county taxes. Excellent income with upside through renovation, utility metering and moving rents to market. Seller is licensed NC broker.

Listed by Anna Conner of Relocate828 LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2263 New Leicester Highway Asheville NC 28806

Asheville, NC2263 New Leicester Highway

Price$2,500,000

Est. Mortgage: $/month

MLS Number CAR4036428

  • MultiFamily
  • Acreage 12.36
  • Property SubType Residential Income

An immaculate mobile home park on 12.36 acres of land boasting beautiful views that will captivate you. This remarkable property offers 26 spacious & well-maintained mobile home spaces, presenting an incredible investment opportunity in the heart of tranquility. The park currently comprises 22 owned mobile homes, 3 tenant-owned homes, and 1 empty space. These homes provide an instant source of rental income, making this an ideal venture for seasoned investors and those seeking to enter the lucrative rental market. Additionally, this property presents an exciting prospect for expansion. With the rising demand for affordable housing, the perfect chance to increase your investment portfolio and maximize your returns. The mobile home park offers residents a peaceful & welcoming environment. The lush green surroundings and mountain vistas create an idyllic setting. Residents will relish the opportunity to revel in nature's beauty while benefiting from the convenience of nearby amenities.

Listed by Donna Prinz of Keller Williams Biltmore Village

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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143,145,147 Powers Road Asheville NC 28806

Asheville, NC143,145,147 Powers Road

Price$2,200,000

Est. Mortgage: $/month

Pending

MLS Number CAR4009004

  • MultiFamily
  • Bedrooms 17
  • Square Feet 10,722
  • Acreage 6.72
  • Property SubType Residential Income

A discerning investor will be impressed by this opportunity to add almost 7 acres of gorgeous mountain property with 5 separate parcels and 3 large residences to their portfolio. So many advantages to this hands-off, low-maintenance investment. Ideal location, NNN lease, expansive French Broad River and Mountain Views, high-end single-family residences, future value add potential, 2 possible build sites on additional PINS. Find all of this in an incredible Asheville location just a short drive to the heart of downtown. Tax advantages; in an opportunity zone. A reputable long-term NNN tenant is in place with options through May 2033. Tenants express interest in discussing the option to renew with the new landlord. This sober living investment is safe and stable with the potential for future growth. Expand your horizons and land in the bosom of the blue ridge mountains for your next dream investment. Up the road from Silverline Park. Cap Rate: 6.39%. Inspection report available.

Listed by Alexandra Schrank of RE/MAX Executive

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Ridge Road Monroe NC 28110

Monroe, NCRidge Road

Price$2,100,000

Est. Mortgage: $/month

MLS Number CAR3876213

  • MultiFamily
  • Bedrooms 21
  • Square Feet 8,000
  • Acreage 4.09
  • Property SubType Residential Income

Excellent income-producing investment portfolio of 10-Single Family Homes on one lot for easy management and low taxes. Each unit is a fully remodeled single-family home with min 2bed/1 bath, SS appliances, and storage shed. No vacancies, no eviction history. New roofs 2019, new HVAC systems 2021, interior updates 2020. *PLEASE DO NOT DISTURB TENANTS*

Listed by Tiffany Nguyen of Coldwell Banker Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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705 Charlotte Highway Fairview NC 28730

Fairview, NC705 Charlotte Highway

Price$1,950,000

Est. Mortgage: $/month

MLS Number CAR3886280

  • MultiFamily
  • Acreage 29.69
  • Property SubType Residential Income

Ideal multifamily property with all necessary utilities close to Asheville on scenic 5 lane Highway 74A that goes to Lake Lure/Chimney Rock. Perfect for condos, apartments or a village of short-term rental cabins. Property already has public water, gas, cable, electric, deeded public sewer access, and additional right of way thru Heritage Mountain Place. Adorable cottage with split bedroom floor plan hidden in landscaped gardens. Almost 30 acres of large old growth forest and thick rhododendrons. Property could be multifamily or commercial with zoning change. Commissioners said they were likely to approve for conditional use if plans were submitted with zoning change request. Only 3.5 miles to Blue Ridge Parkway or east Asheville in beautiful, high demand Fairview.

Listed by Allen Helmick of Cool Mountain Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity © 2023 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of June 3, 2023 6:45 AM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.