17 Beds
9 Full baths
7,577 SqFt
Active
Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units. MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units and breezeway required by county. With the lack of rental units available in Forest City, these high end units are IN DEMAND. As of May 1st, units will be 100% OCCUPIED. See rent roll attached in MLS. Cap rate is indexed at 9.5% at full occupancy Schedule your tour beginning March 8th. Agents see remarks for disclosures.
Property Details | ||
|---|---|---|
| Price | $1,150,000 | |
| Bedrooms | 17 | |
| Full Baths | 9 | |
| Property Style | Traditional | |
| Lot Size Area | 0.88 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Year Built | 1971 | |
| Heating | Heat Pump | |
| Foundation | Crawl Space | |
| Lot Description | Cleared, Level, Open Lot, Paved, Private | |
| Laundry Features | In Unit | |
| Parking Description | On Street, Parking Lot, Parking Space(s) | |
| Garage spaces | 0 | |
Geographic Data | ||
| County | Rutherford | |
| Latitude | 35.32130647 | |
| Longitude | -81.86071929 | |
Address Information | ||
| Address | 319 Willow Run Drive, Forest City, NC 28043 | |
| Postal Code | 28043 | |
| City | Forest City | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Rivera | |
| Listing Office Phone | 215-771-3322 | |
| Listing Agent | Juan Rivera | |
| Listing Agent Phone | 215-771-3322 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 2.5 | |
| Attribution Contact | Juan@Rivera-Realty.net | |
| 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 | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 45 | |
| MLS Status | Active | |
| Listing Date | Mar 8, 2024 | |
| Listing Last Modified | Apr 22, 2024 | |
| Tax ID | 419295 | |
| MLS # | CAR4115918 | |
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This information is believed to be accurate, but without any warranty.
