16 Beds

8 Full baths

6,720 SqFt


Two 3,360 square foot residential buildings, each existing of four units (8 total). All Units are 2 BD/1BA. These turn-key rental units are fully leased, and generate +/-$95,000 of gross annual income. Tremendous opportunity to purchase an excellent income producing property with below market rents and immediate upside potential.    Significant capital invested into property in last five years; including: appliances, complete painting, water filtration system, landscaping and septic system repair and replacement. Originally built 1982 -  Free Standing wood frame buildings with vinyl siding (2013), concrete slab, block foundation, shingle roof (2012).  Property is in good condition with extensive upgrades.  Each Building has two above ground units and two partial below grade units.  Each upper unit has private back deck.  The lower units enjoy a fenced concrete patio entry.  There are full kitchen through-out and storage shed for each building. Please review CoveStar Brochure.

Property Details
Price $1,250,000
Bedrooms 16
Full Baths 8
Property Style Ranch
Lot Size Area 1.75
Lot Size Area Units Acres
Property Type MultiFamily
Sub type Apartment
MLS Sub type Apartment
Stories 2
Year Built 1982
View Mountain(s)
Roof Composition
Heating Baseboard
Foundation Slab
Lot Description Corner Lot
Laundry Features None
Parking Description Parking Lot, Parking Space(s), Shared Driveway
Geographic Data
Directions Traveling I26W/US-19N/US-23N; Take Exit 18 Monticello Road toward Weaverville. Crossing Clarks Chapel Road to continue onto Dula Springs Road (Shopping Center with Flynn Fitness, Tri City Barber Shop will be on the right as your traveling onto Dula Springs.) 0.2 Miles Deep Woods will be on your right. Access to each Structure. Please do not disturb tenants!
County Buncombe
Latitude 35.711828
Longitude -82.554461
Address Information
Address 21 & 23 Deep Woods Road, Weaverville, NC 28787
Postal Code 28787
City Weaverville
State NC
Country United States
Listing Information
Listing Office Covestar Investment Realty
Listing Office Phone 828-274-4009
Listing Agent James Diaz
Listing Agent Phone 828-274-4009
Special listing conditions None
Terms Cash, Conventional
School Information
Elementary School Weaverville/N. Windy Ridge
Middle School Unspecified
High School North Buncombe
MLS Information
Days on market 68
MLS Status Pending
Listing Date Mar 16, 2023
Listing Last Modified May 23, 2023
Tax ID 9743520970
MLS # CAR4011856

Map View

This information is believed to be accurate, but without any warranty.