33 Vance Ave - Apartments FOR SALE


Black Mountain, NC 28711
$1,100,000 USD
828-348-5720
33 Vance Ave, Black Mountain, NC for Sale
$1,100,000 USD
Apartments - FOR SALE
1/54
null | 7.5% Cap Rate

33 Vance Ave
Black Mountain, NC 28711


OVERVIEW

Great opportunity in the heart of downtown Black Mountain. with easy access to all the amenities the town has to offer. Now with new exterior paint job! Turnkey investment property with 5 units, sold fully furnished, perfect for short-term or long-term occupancy. Each unit has it's own private entrance, bedroom, kitchen, bathroom, and dedicated off-street parking. This property has the charm and character of a historic home, with many modern updates. Every space. you enter is comfortable & inviting, with good natural light. Plus, a sweet rocking chair front porch. Three units on the ground floor, and two units upstairs accessed by a common stairwell. Two laundry locations on site. See floor plan sketch for a detailed drawing of the building's layout. Financial information available upon request. This is an active vacation rental property, and showing requests will be accommodated based on occupancy. Virtual tour available here: https://my.matterport.com/show/?m=E9cHPnV4x2X&mls=1

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

CB

APN/PARCEL ID

0619-24-9964-00000

ASK ABOUT THIS PROPERTY

Alan WrayHeartwood RealtyMore Info
828-348-5720

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Alan WrayHeartwood RealtyMore Info
828-348-5720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.