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Looking for an investment? Look no further! This group of condos is being offered below appraisal value and is well seasoned for the investor looking for a "Home Run." All units are 2 bed, 1 bath with an open floorplan. Three units have updated solid surface floors, granite, dishwashers, garbage disposals, Jacuzzi tubs with surround shower, custom closets, built in desks, and vented gas stone corner fireplaces. All units have very spacious decks and the two end units have additional decks with sliders. The location is superb, minutes to town, restaurants, Lowes Hardware, and grocery stores. Both Sugar Mountain and Beech Mountain ski resorts are only a short drive. A short 5 minute drive to Lees McRae and a 30 minute drive to Appalachian State University. For the hiking enthusiast Grandfather Mountain and numerous hiking trails are close by. These units stay rented. Long-term rentals accepted, and short-term rentals could be a possibility in the future. This development of 8 units has been carefully maintained and cared for. There is a community laundry on the property for renters' convenience. This is a quiet neighborhood and perfect setting for renters. These units stay rented. Long term rental accepted, short term rental could be a possibility in the future. This development of 8 units has been carefully maintained and cared for. There is a community laundry on the property for renters convenience. Quiet neighborhood and perfect setting for renters.
| DAYS ON MARKET | 14 | LAST UPDATED | 4/19/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1983 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space |
| BUYER'S BROKERAGE COMPENSATION | 3 |
| CONSTRUCTION | Cedar, Wood Siding |
| HEAT | Baseboard, Electric, Fireplace(s) |
| HOA DUES | 600 |
| LOT | 0 |
| PARKING | Shared Driveway |
| SEWER | Public Sewer |
| STYLE | Mountain |
| SUBDIVISION | None |
| TAXES | 1394 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Shared Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Marjorie Hyatt, Hyatt In The High Country, Inc., (828) 268-9901
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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