40 Beds
15 Full baths
n/a SqFt
Active
PORTFOLIO of 15 homes for sale in Rutherford County, located approximately 1 hour from Asheville and 1.5 hours from Charlotte. Includes 9 homes in Forest City, 3 in Spindale, 2 in Rutherfordton, and 1 in Union Mills. SOLD AS A PACKAGE ONLY! Properties are sold AS IS! DO NOT DISTURB TENANTS! Most of the homes have 3 bedrooms and 1 bath. The seller recently invested over $100K in improvements to most of the homes in the portfolio, including new roofs, painting, HVAC, fixtures, flooring, etc. As of 4/5/23, all units are occupied. Viewings will need to be arranged after an offer is accepted. Most tenants have been long term. None of these units have remained vacant for long and calls are received almost daily on availability!
Property Details | ||
|---|---|---|
| Price | $1,650,000 | |
| Bedrooms | 40 | |
| Full Baths | 15 | |
| Half Baths | 2 | |
| Lot Size Area | 7.22 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Eightplex+ | |
| Year Built | 1920 | |
| Subdivision | None | |
| Heating | None | |
| Foundation | None | |
| Laundry Features | None | |
| Parking Description | Driveway | |
Geographic Data | ||
| County | Rutherford | |
| Latitude | 35.340833 | |
| Longitude | -81.863038 | |
Address Information | ||
| Address | 355 Cherry Mountain Street, Forest City, NC 28043 | |
| Postal Code | 28043 | |
| City | Forest City | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams South Park | |
| Listing Office Phone | 704-602-0400 | |
| Listing Agent | Kevin Falls | |
| Listing Agent Phone | 980-288-9545 | |
| Special listing conditions | Subject to Lease | |
| Terms | Cash, Conventional | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 6 | |
| MLS Status | Active | |
| Listing Date | Apr 5, 2023 | |
| Listing Last Modified | Apr 11, 2023 | |
| Tax ID | 425288 | |
| MLS # | CAR4019294 | |
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This information is believed to be accurate, but without any warranty.
