8 Beds
4 Full baths
2,688 SqFt
Active
Looking for an investment? Look no further! This group of condos is being offered below appraisal value and is well-seasoned for the investor looking for a “Home Run.” All units are 2 bed, 1 bath with an open floorplan. Three units have updated solid surface floors, granite, dishwashers, garbage disposals, Jacuzzi tubs with surround shower, custom closets, built in desks, and vented gas stone corner fireplaces. All units have very spacious decks and the two end units have additional decks with sliders. The location is superb, minutes to town, restaurants, Lowes Hardware, and grocery stores. Both Sugar Mountain and Beech Mountain ski resorts are only a short drive. A short 5 minute drive to Lees McRae and a 30 minute drive to Appalachian State University. For the hiking enthusiast Grandfather Mountain and numerous hiking trails are close by. These units stay rented. Long term rentals accepted, and short term rentals could be a possibility.
Property Details | ||
|---|---|---|
| Price | $945,000 | |
| Bedrooms | 8 | |
| Full Baths | 4 | |
| Lot Size Area | 0 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Year Built | 1983 | |
| View | Mountain(s) | |
| Heating | Baseboard, Ductless | |
| Foundation | Crawl Space | |
| Laundry Features | Common Area, In Unit, Other - See Remarks | |
| Parking Description | Parking Lot | |
| Association Fee | 600 | |
Geographic Data | ||
| Directions | Tynecastle Castle Highway heading toward Banner Elk. Elk Hill Drive will be a road on the right after Masters Touch Stone. Follow uo the hill through a curve condos will be on your right. | |
| County | Avery | |
| Latitude | 36.1458327 | |
| Longitude | -81.8595086 | |
Address Information | ||
| Address | 218 Elk Hill Drive #4, 6, 7, 8, Banner Elk, NC 28604 | |
| Unit | 4, 6, 7, 8 | |
| Postal Code | 28604 | |
| City | Banner Elk | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Hyatt in the High Country Real | |
| Listing Office Phone | 828-268-9901 | |
| Listing Agent | Nate Wright | |
| Listing Agent Phone | 828-268-9901 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 3 | |
| Attribution Contact | nate@hyattinthehighcountry.com | |
| 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 | |
School Information | ||
| Elementary School | Banner Elk | |
| Middle School | Unspecified | |
| High School | Avery County | |
MLS Information | ||
| Days on market | 4 | |
| MLS Status | Active | |
| Listing Date | Apr 19, 2024 | |
| Listing Last Modified | Apr 23, 2024 | |
| Tax ID | 1858005461820004,0006,0007,0008 | |
| MLS # | CAR4131331 | |
Map View
This information is believed to be accurate, but without any warranty.
