Twitter
Facebook
Email
|
Minutes from downtown Boone and the campuses of App State and CCC&TI, these (2) side by side duplexes offer a total of 16 beds and 8 baths with 4 bedrooms/ 2 baths in each unit. Leases are currently renewing reflecting rent revenues of $153,600 annually, providing a 7.7% gross rent ROI for the Aug. '25 - July '26 lease term. With a new roof and recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $144,000, increasing to $153,600 for Aug '25 - July '26. Tenants are responsible for electric and cable/internet with trash included in rent. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Total square footage represented is from appraiser measurements provided by the seller.
| DAYS ON MARKET | 6 | LAST UPDATED | 12/21/2024 |
|---|---|---|---|
| TRACT | Valley View | YEAR BUILT | 1989 |
| COMMUNITY | 1-Boone, Brushy Fork, New River | COUNTY | Watauga |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Hardin Park |
|---|---|
| High School | Watauga |
| ADDITIONAL DETAILS | |
| AREA | 1-Boone, Brushy Fork, New River |
|---|---|
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | High Speed Internet |
| LOT | 1.25 acre(s) |
| STYLE | Traditional |
| SUBDIVISION | Valley View |
| TAXES | 2080.35 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Chad
Gryder to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Page Sauder, Baxter Mountain Properties, (828) 263-8924
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2024.