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213 Reservoir RoadBurnsville, NC 28714MLS Number CAR3788132

  • Price: $347,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.11% last updated on 2021-12-02

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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  • 2.82Acreage
  • 1950Year Built
  • AnnuallyAssociation Fee Frequency
  • ActiveMLS Status
Excellent Rental Investment Property! This 5 Unit Apartment Complex located on 2.82 Acres near downtown Burnsville and terrific investment opportunity! Main House ground level consists of 2BR/2BA w/hardwood floors, oil FA furnace, fireplace w/wood stove & Upper 1BR/1BA Unit has electric heat. This building has new metal roof approx. 2 yrs m/l (according to Owner). Second two-level building has three (3) 1BR/BA Units that have electric heat. Good monthly income at present and with . some modernization, could realize increased income. Range/Refrigerator included in all units. Property has space for homesite or excellent location for additional rental units. Great location with close access to shopping, grocery, and restaurants. Limited times for showing with needed time to notify tenants. Can be purchased with approx. 1.62 Acres for $299,000. Let rental income pay for property!

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More Info

Basic Information

  • Association Fee Frequency Annually
  • List Price$347,000
  • MLS NumberCAR3788132
  • MLS StatusActive

Property

  • Acreage2.82
  • Lot DescriptionPaved, Rolling Slope, Wooded, See Remarks
  • Units5
  • Water Source Public
  • Zoning Description R-10

Utilities

  • Heating Baseboard, Oil, Wood Stove
  • Sewer Public Sewer

Property Information

  • Construction Materials Concrete, Wood Siding

Other

  • View Count4

Tax Information

  • Taxes$223,700

Parking

  • Parking SpacesDriveway 0.00

Location

  • Building Number213
  • Community Features Pond
  • CountyYancey
  • Directions From Hwy. 19 turn on Reservoir Road between CVS & Burger King and turn left at 1st intersection continuing on Reservoir Road to 2nd buildings on left.
  • Road Surface Type Gravel
  • StateNC
  • StreetReservoir Road
  • SubdivisionNone
  • Zip28714

Water Body

  • Water FeaturesOther

School Information

  • Elementary SchoolBurnsville
  • High SchoolMountain Heritage
  • Junior HighEast Yancey

Building

  • Elevation 2500
  • Foundation Details Block, Slab
  • Year Built1950

Interior

  • FireplaceLiving Room
  • Flooring Carpet, Tile, Vinyl, Wood

Exterior

  • Architectural Style Arts and Crafts
  • Exterior Features Other

Amenities

  • Appliances IncludedCeiling Fan(s), Electric Range, Refrigerator, None
  • Laundry Features Other
  • Other AmenitiesFireplace, Waterfront

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2021 by the Canopy MLS. 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 December 3, 2021 11:50 AM EST . 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.

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