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257731 Days on Market: 3
0
Baths
0.180
Acres
$699,995
For Sale
Newly Renovated Quadruplex located just 5 minutes from Boone city limits and 10 minutes from App State campus! This quadruplex is currently vacant and ready to be leased. This building features 3 2-Bedroom units, 1 1-Bedroom unit, and separate laundry and utility room. All units have been renovated 2024-2025 with all new mini-split heating and air units, updated bathrooms, updated kitchens with new cabinets and new appliances, as well as new paint, flooring, and light fixtures throughout. Roof replaced in 2022 and Exterior painted in 2023. Local rental companies estimate between $1200 to $1400 rent for each 2-Bedroom unit and $800-$1000 rent for the 1-Bedroom unit. Annual rent then could bring in $52,800 to $62,400 annually which is 7.5% to 8.9% ROI at current asking price. Financing available with as little as 25% down for investors. Information on this available upon request. Disclosure: Suspected buried oil tank on right side of building. Inquire today!
Listing ID:
257731
Property Type:
Quadruplex
Year Built:
1969
Acres:
0.180
Map
Latitude: 36.186750 Longitude: -81.624698
Location & Neighborhood
City: Boone
County: Watauga
Area: 1-Boone, Brushy Fork, New River
Subdivision: Holiday Hills
Environment
Utilities & Features
Heat: Ductless
Sewer: Shared Septic
Utilities: Electricity Available, Water Available
Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator
Interior
Exterior
Style: Ranch
Construction
Construction: Brick, Masonry, Wood Frame
Roof: Asphalt, Architectural, Shingle
Financial
Property Taxes: $578
Other
Price Per Sqft: N/A
Price Per Acre: $3,888,861
The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.
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