Address
319 Willow Run Drive, Forest City, NC
Price
$ 1,150,000
Property Attributes
- ID#4115918
- TypeMulti-Family
- CountyRUTHERFORD
- CityForest City
- AreaRutherford County
- Zip28043
- StyleTraditional
- Price$ 1,150,000
- Bedrooms17
- Full Bathrooms9
- Half Bathrooms0
- Sqr Footage7577
- Lot Size0.88 Acres
Data Source:
Canopy MLS
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
| Price History | |
|---|---|
| 3/5/2024 | Listed $1,150,000 |
General Features
| Sewer | County Sewer |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| Appliances | Bar Fridge,Electric Range,Electric Water Heater |
| Zoning | R8 |
| Architectural Style | Traditional |
| Construction Materials | Brick Full,Vinyl |
| Pets Allowed | Call |
| Year Built | 1971 |
| Tenant Pays | All Utilities |
| Property SubType | Apartment |
| Waterfront Features | None |
| County | Rutherford |
| New Construction | No |
| Property Type | Residential Income |
| High School | Unspecified |
| City | Forest City |
| Total Units | 8 |
| Street Name | Willow Run |
| Elementary School | Unspecified |
| Middle/Junior High School | Unspecified |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Tax Assessed Value | 140500 |
Interior Features
| Above Grade Finished Area | 7577 |
|---|---|
| Full Baths | 9 |
| Street Suffix | Drive |
| Laundry Features | In Unit |
| Total Bedrooms | 17 |
Exterior Features
| Parking Features | On Street,Parking Lot,Parking Space(s) |
|---|---|
| Lot Features | Cleared,Level,Open Lot,Paved,Private |
| Water Source | County Water |
| Lot Size Area | 0.88 |
| Foundation Details | Crawl Space |
| Building Area Total | 7577 |
| Road Surface Type | Concrete,Gravel |
| Lot Size Units | Acres |
| Road Responsibility | Publicly Maintained Road |
| Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 28043
Price
Visits
Year Built
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