354 Ivy Ridge Cir - Multi-Family FOR SALE


Sylva, NC 28779
$1,099,000 USD
239-940-1000
354 Ivy Ridge Cir, Sylva, NC for Sale
$1,099,000 USD
Multi-Family - FOR SALE
1/48
null | Request Cap Rate

354 Ivy Ridge Cir
Sylva, NC 28779


OVERVIEW

This mountain estate includes 2 homes and a guest house in the sought-after Ivy Ridge neighborhood, on 2+ acres with stunning year-round sunset views. All 3 dwellings are very well maintained & updated, including a wood-sided, 3/2 updated owner’s residence. The other two homes include a cozy guest house renovated in 2017 and a spacious 1/1 modern farmhouse cabin built in 2019 with Hardie-board exterior. Both homes have excellent rental histories earning nearly $100k combined & are in the top 1% of Airbnb homes. The guest house & cabin are turnkey including supplies, linens, housewares, ATV with plow, social media, website, & photos. All 3 have decks for grilling, dining & soaking in the amazing view. Many VERSATILE uses include converting the main home to a rental. Or live in it & host your family next door. Two-car garage & lots of storage. The 1/1 cabin is permitted for a 2 BR, as a potential add-on. The homes are on a shared well. The main house roof & HVAC were recently replaced. All homes have newer tankless water heaters. With mountain views, strong rental history, and recent updates, this property is an excellent opportunity for those seeking solitude with an income stream.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

3

PRICE/UNIT

$366,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

-

APN/PARCEL ID

7620-70-8549

ASK ABOUT THIS PROPERTY

Diane JonesGood Life Real EstateMore Info
239-940-1000

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

Diane JonesGood Life Real EstateMore Info
239-940-1000

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