Listing by: Kathy Rabb, Realty Group 1 LLC, 828-442-6503
24 Beds
12 Full baths
13,440SqFt
Closed
A Great Investment Opportunity! Colonial Arms is a 12 unit 3 building apartment complex in a prime location close to shopping and dining! 3 units have 3 Bedrooms and the other nine units have 2 Bedrooms...all with 1.5 Baths. All apartments have heat pumps and washer/dryer connections. Unit #5 is currently having some improvements made. Forest City water and sewer available along with regular trash pickup. All tenants are on month to month leases A listing agent will need to accompany selling agent and buyer for a showing.
Property Details | ||
|---|---|---|
| Price | $975,000 | |
| Close Price | $975,000 | |
| Bedrooms | 24 | |
| Full Baths | 12 | |
| Half Baths | 12 | |
| Property Style | Traditional | |
| Lot Size | irregular | |
| Lot Size Area | 1.36 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Stories | 2 | |
| Features | None | |
| Exterior Features | Lawn Maintenance | |
| Year Built | 1981 | |
| Roof | Composition | |
| Heating | Central, Electric, Heat Pump | |
| Foundation | Crawl Space, Slab | |
| Accessibility | Two or More Access Exits | |
| Lot Description | Level | |
| Laundry Features | Electric Dryer Hookup, Inside, Main Level, Washer Hookup | |
| Parking Description | Parking Lot | |
| Parking Spaces | 24 | |
| Garage spaces | 0 | |
Geographic Data | ||
| Directions | Take US 221 S (from Marion) for app 19 miles; turn on Old US 221 N and travel app 1.3 miles; turn right on Rock Road and travel app 5.3 miles; turn left on Daniel Road and go 0.5 mile; 401 Duke Street will be on your right | |
| County | Rutherford | |
| Latitude | 35.34404 | |
| Longitude | -81.898284 | |
Address Information | ||
| Address | 401 Duke Street, Forest City, NC 28043 | |
| Postal Code | 28043 | |
| City | Forest City | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Realty Group 1 LLC | |
| Listing Office Phone | 828-652-3797 | |
| Listing Agent | Kathy Rabb | |
| Listing Agent Phone | 828-442-6503 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 2.5 | |
| Attribution Contact | 828-442-6503 | |
| Sub Agency Compensation | 0 | |
| Buyer Agency Compensation Type | % | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional | |
School Information | ||
| Elementary School | Dunbar | |
| Middle School | East Rutherford | |
| High School | East Rutherford | |
MLS Information | ||
| Days on market | 15 | |
| MLS Status | Closed | |
| Listing Date | Sep 27, 2023 | |
| Listing Last Modified | Jan 11, 2024 | |
| Tax ID | 1539-52-8735 | |
| MLS # | CAR4072102 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
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