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Excellent investment opportunity with two rental homes plus an adjoining vacant lot, all conveniently located along busy East King Street which leads to Highway 421 and down town Boone. Both homes are fully rented to students, with rental income structured on a per-bedroom basis, providing a strong and established rental history. The properties offer convenient access to Appalachian State University, downtown Boone, shopping, dining, and area amenities. The adjoining vacant lot adds flexibility and future potential, making this a unique opportunity for investors seeking established rental income with additional land and potential for future development.
| DAYS ON MARKET | 4 | LAST UPDATED | 9/23/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1930 |
| COMMUNITY | 1-Boone, Brushy Fork, New River | COUNTY | Watauga |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| Elementary School | Hardin Park |
|---|---|
| High School | Watauga |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 1-Boone, Brushy Fork, New River |
| CONSTRUCTION | Brick, Frame, Wood Siding |
| HEAT | Electric, Space Heater, Wall Furnace |
| LOT | 0.43 acre(s) |
| LOT DIMENSIONS | 0.43 |
| SEWER | Public Sewer |
| SUBDIVISION | None |
| TAXES | 3212.49 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Casey Ledford, Proper Realty, LLC
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