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Listing ID 20922223 | Updated 37 days ago
$209,000
Willing to negotiate
For Sale
234 Old US 70
Swannanoa, NC 28778
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4 beds, 2 baths
Duplex/Triplex
Homeowner
Also try 828-768-3107
This two story house is currently utilized as a rental duplex with two separate rental units, one upstairs and the other on ground level with each having their own private covered porch entrances. Currently have both units under signed one year leases and is located near local schools, shopping, and is a short 12 minute drive to Asheville. Over the past several years, keeping quality renters occupying both units has not been a problem.
Rental income at the present time is $1,075 per month (625 ground level, 450 upper level) and could easily draw 12 to $1,300 per month.
House has been re-roofed with 30 year shingles, re-plumbed, and re-wired with breaker boxes, each unit is metered separately. Windows have been replaced with double hung/double pane, new interior and exterior doors with new hardware. Guttering is in excellent shape with some new. The more than adequate crawl space has in-brick vents that are easily opened/closed and has easy access with good height.
Apartment B, lower unit, has numerous recent upgrades including new flooring/carpet/tile, appliances, lighting fixtures/fans, bath & kitchen fixtures, toilet, sinks/countertop, shower unit/valve, paint, heated by a Monitor Heater with new oil tank, large window A/C unit cools entire unit adequately.
Apartment A, upper unit, also has numerous recent upgrades including, hardwood floors re-finished, non-ceramic tile in kitchen/bath, new kitchen double sink/faucet, lighting fixtures/fans, bathroom ceramic tile with tub re-finished, heated by propane gas heater, window A/C unit cools unit adequately.
Owner has three options with this property.
1. Continue as a rental duplex.
2. Owner lives in either the upstairs or downstairs and rents the other to pay part of mortgage.
3. Can be converted into a large single family home utilizing stairway to upstairs.
Contact phone numbers
828-686-6526 or 828-768-3107
Homeowner
Also try 828-768-3107
Attention real estate agents and other third parties. This owner is a member of the National Do Not Call Registry. Solicitation calls could face a $1,000 fee.
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