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2 Kaitlyn Road

Weaverville, NC 28787
  • $720,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: 3853196
Under Contract
UPDATED: 38 min ago
$720,000
  • 22
    BEDS
  • 8.31
    ACRES
  • 15
    BATHS
  • 1
    1/2 BATHS
  • 8,292
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Offered by Keller Williams - Weaverville. Copyright 2022 Canopy MLS. All rights reserved.

Description

Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away or bring your vision for a whole new development with buyer to verify.

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Based on information submitted to the MLS GRID as of 2022-05-21T21:33:16.437 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Modern Mountain Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

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2 Kaitlyn Road Weaverville, NC 28787

  • Price: $720,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 38 min ago
  • ID#: 3853196
22
Beds
15
Baths
1
½ Baths
8.31
Acres
8,292
SQFT
$87
$/SQFT
Neighborhood:
None
County:
Buncombe
Area:
Weaverville
Elementary School:
North Buncombe/N. Windy Ridge
Middle School:
North Buncombe
High School:
North Buncombe
Property Description
Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away or bring your vision for a whole new development with buyer to verify.
Exterior Features

Construction Materials Aluminum SidingVinyl SidingOther Construction Type ManufacturedSite Built Exterior Features Other Foundation Details See Remarks Garage Square Footage 0 Lot Features Mountain ViewPavedPrivateRolling SlopeSlopedWooded Main Level Garage YN No Other Parking Each Unit Has Their Own Driveway To Park With Assorted Amounts Of Space. Parking Features DrivewayParking Space - 4+Other Porch Other Road Responsibility Private Maintained Road Road Surface Type Gravel Structure Type Other

Interior Features

Additional Square Footage 0 Appliances DishwasherOvenRefrigerator Below Grade Finished Area 0 Building Area Total 8292 Fireplace YN No Flooring CarpetLinoleumTileWoodSee Remarks Heating CentralForced AirHeat PumpWall Unit(S)See Remarks Laundry Features Main Level Sq Ft Unheated Basement 0 Water Heater Other

Property Features

Assumable YN No CCRSubject To No Construction Status Complete Hoa Subject To None HOASubject To Dues No Listing Agreement Exclusive Right To Sell New Construction YN No Number Of Completed Units Total 9 Number Of Units Total 9 Pets Allowed Yes Property Sub Type Multi-Family Sewer Septic Installed Special Listing Conditions None Tenant Pays Cable TvElectricity Water Source Community WellShared WellOther Zoning Description Ou



Based on information submitted to the MLS GRID as of 2022-05-21T21:33:16.437 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Modern Mountain Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
 
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Modern Mountain Real Estate
410 Swannanoa River Drive
Asheville NC, 28805
Offered by Keller Williams - Weaverville. Copyright 2022 Canopy MLS. All rights reserved.