150 Paul Greer Road, Boone, NC 28607 (MLS # 248914)

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PRICE $1,120,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,512 sqft
LOT SIZE 41,382 sqft

Profitable, six-plex investment opportunity in Boone, NC! Located minutes from Appalachian University and downtown Boone. 100% occupied year- over- year. One year lease terms with renewals signed through July 2025. Rental rates continue to increase each year, with more room for escalation going forward. Metal roof less than 2 years old, basement drainage system installed with encapsulation, new decks overlooking tranquil creek, UV water purification system installed, a few new A/C units and new flooring in some units. Well maintained and profitable investment opportunity.

DAYS ON MARKET 11 LAST UPDATED 4/25/2024
TRACT None YEAR BUILT 1980
COMMUNITY 1-Boone, Brushy Fork, New River COUNTY Watauga
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Green Valley
High School Watauga


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Refrigerator, Washer
AREA 1-Boone, Brushy Fork, New River
BUYER'S BROKERAGE COMPENSATION 5
CONSTRUCTION Brick, Vinyl Siding, Wood Siding
HEAT Electric, Other, See Remarks
LOT 0.95 acre(s)
SEWER Shared Septic
STYLE Other
SUBDIVISION None
TAXES 2584
WATER Shared Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 150 PAUL GREER ROAD
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Listing provided by Amy LaBarre, Blue Ridge Brokerage, (828) 265-2199

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