This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. Long term tenants in place in 7 of the 8 units. Two site built homes anchor the property. A 4 bedroom main home and a 2… Read More bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. The 4 bedroom main home is currently vacant and open for showings. The other units are occupied and will not be available for online showing requests, and arrangements must be made in advance. This property has a long operating history, complete with longstanding property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $100k yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451 Read Less
Courtesy of Patton Allen Real Estate LLC.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
2,500
Lot Size
4.5 Acres
Year Built
1928
MLS Number
4376195
30 Days Snapshot Of 28715
$566k
+15%
(avg) sold price
23
-25%
homes sold
82
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Dishwasher", "Oven"
Building
Finished Area Above Grade: 2500, Area: 2500, Architecture: "Arts and Crafts", "Cottage", Building Area: 2500, Construction Materials: "Vinyl", "Wood", Levels: "Two", Year Built: 1928, Construction Type: Manufactured, Site Built
Cooling
Details: "Ductless"
Exterior Features
Features: "Fire Pit"
Heating
Heating: "Ductless"
Laundry
Description: "Mud Room"
Lot
Size: 4.5, Size Units: Acres
Roof
Description: "Architectural Shingle", "Metal"
Utilities
Sewer: "Septic Installed", "Shared Septic", Water Source: "Shared Well", "Well"
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 1500, Third SqFt: 0, Unheated Total SqFt: 0
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