Rental Income Investment Property on approximately 6.7 acres. 10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units. Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent. Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3) Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom. Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox. Outdoor security lights: 3 security lights and 1 motion light on maintenance building. Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building. Utilities provided by owner: water(well), sewer(septic), trash. Tenant responsibility: Power(Duke Energy), Internet, TV service. Washer/Dryer: hookups in each unit.
MLS# | 4225366 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1981 |
Days On Site | 30 |
Listing Provided By | RE/MAX A-Team | Meredith Miller Carswell |
Bed(s) | 40 |
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Bath(s) | 10 Total |
SQ Feet | 16,120 |
Basement | Y |
Units | 20 |
Acreage | 6.68 |
State | NC |
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County | Catawba |
City | Conover |
Zip Code | 28613 |
Area | Catawba |
Community Name | Ponderosa Village |
School District | Bunker Hill |
Elementary School | Lyle Creek |
Middle School | River Bend |
High School | Bunker Hill |
Listing VS Median (In Ponderosa Village) | |
Price: $3,499,000 low | high Med: $3,499,000 SqFt: 16,120 low | high Med: 16,120 $ / SqFt: $217 low | high Med: $217 On site: 30 low | high Med: 30.000000 |