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$1,580,000

Beds
22
Baths
14.0
sq ft
10,910

114, 111, 126 Farmside Drive, Forest City, NC 28043

114

Forest City, NC 28043

  • 194 days on market
14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.

Details

Property type

Apartment

Lot size

Unknown

Price per sq ft

$145

Year built

1980

Price History

06/11/2024
CanopyMLS

CanopyMLS #4149916

Listed
$1,580,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Status: Active

Tomo last checked: 12/23/2024 at 10:05 AM

Listing updated: 12/04/2024 at 4:31 PM

Listed by: Barbara Keever, Odean Keever & Associates, Inc. Phone #: (828) 286-1311

MLS: CanopyMLS #4149916

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