$1,100,000
$1,150,000
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319 Willow Run DR Forest City, NC 28043
17 Beds
9 Baths
7,577 SqFt
Key Details
Sold Price $1,100,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,577 sqft
Price per Sqft $145
MLS Listing ID 4115918
Sold Date 12/02/24
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
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.
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
Garage false
Building
Lot Description Cleared, Level, Open Lot, Paved, Private
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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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Josh Johnson • Heritage Properties of the High Country