2088 NC Highway 801 S - Multi-Family FOR SALE


Advance, NC 27006
$369,000 USD
336-661-5548
2088 NC Highway 801 S, Advance, NC for Sale
$369,000 USD
Multi-Family - FOR SALE
1/21
null | Request Cap Rate

2088 NC Highway 801 S
Advance, NC 27006


HIGHLIGHTS

  • Cabin: New Electrical, Plumbing, Chimney Cap, Insulation, Bathroom, Kitchen, Septic Unit, Mini Splits, Tongue and Groove Walls, Refinished Floors
  • White House: Fresh Exterior Paint, Landscaping, Septic is ~1-2 years old (per previous owner), Roof is around ~10 years old (per previous owner)
  • Road Frontage

OVERVIEW

Historic property in Advance (property is not on historic registry)! Completely renovated cabin, boasting a double-sided fireplace in both the great room and living room. Cabin has a new kitchen, bathroom, plumbing, electrical, mini-splits, chimney-cap, and refinished wood floors. The larger white house has received a fresh coat of exterior paint, new landscaping, and gravel driveway. Prime Airbnb opportunity. Square footage is derived from tax records. Key furniture has been added in the cabin to kick-start Airbnb opportunity - seller is willing to include personal property in the sale with suitable offer.

FOR SALE DETAILS

PRICE

$369,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

2

PRICE/UNIT

$184,500

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1800s House & Cabin

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

RS9

APN/PARCEL ID

G8-120-A0-001-01

ASK ABOUT THIS PROPERTY

Matthew HardingThe Real Estate Works, IncMore Info
336-661-5548

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Matthew HardingThe Real Estate Works, IncMore Info
336-661-5548

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