17 Beds

17 Full baths

11,832 SqFt


Brand new renovation project just off Main St in Rutherfordton. 17 new units are being finished up. Each are 1 bed/1 bath. The project has phase 2 and 3 that would allow you to build 24 more units. This is a fantastic opportunity to take on the new units and then move forward with the new construction on the 24 more. The grading is being finished and getting ready for paving. The price here includes the seller finishing out these 17 units. Just 2 blocks to downtown Rutherfordton. This will be a wonderful rental community when finished. So much opportunity here to build on. Talk to listing agent if you want to work on finishing the 17 units yourself as there would be a price reduction for that.

Property Details
Price $2,650,000
Bedrooms 17
Full Baths 17
Lot Size Area 1.51
Lot Size Area Units Acres
Property Type MultiFamily
Sub type Apartment
MLS Sub type Apartment
Stories 1
Exterior Features Other - See Remarks
Year Built 1984
Roof Metal
Heating Ductless
Foundation Crawl Space, Slab
Lot Description Wooded, Other - See Remarks
Laundry Features Laundry Room
Parking Description Parking Lot
Geographic Data
County Rutherford
Latitude 35.36856091
Longitude -81.9525596
Address Information
Address 198 Cowan Street, Rutherfordton, NC 28139
Postal Code 28139
City Rutherfordton
State NC
Country United States
Listing Information
Listing Office House In Order, LLC
Listing Office Phone 828-484-1571
Listing Agent Aaron Kraft
Listing Agent Phone 828-545-9953
Sub Agency Compensation Type %
Buyer Agency Compensation 2
Attribution Contact akraft@weichertunlimited.com
Sub Agency Compensation 2
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, Construction Perm Loan, Conventional
School Information
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 1
MLS Status Active
Listing Date May 23, 2024
Listing Last Modified May 24, 2024
Tax ID 1203720
MLS # CAR4143992

Map View

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