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$1,580,000
114,111,126 Farmside Drive, Forest City, NC 28043
bedrooms
bedrooms
22
bathrooms
bathrooms
14
square feet
square feet
10,910
acreage
Acreage
2.31
open houses
Open Houses
-
year built
year built
1980
full baths
Full Baths
14
half baths
Half Baths
0
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14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
Location
Subdivision None
County Rutherford
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
driving directions Driving directions
open houses Open houses
None scheduled.
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MLS number: 4149916
Listing agent: Barbara Keever #173317
Listing broker: Odean Keever & Associates Forest City Office (828) 247-1310
Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 3:06 a.m. EST
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