576 W Orchard St, Old Fort, North Carolina, United States

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Home For Sale

$375,000

576 W Orchard St
Old Fort, North Carolina, United States

18bd 9ba

Listed By: Realtyww Info

Listed On: 06/20/2023

Listing ID: GL9969935 View More Details

Description

RESIDENTAL MULTI-UNIT is now available in the much sought after area of Old Fort! These 9 apartments are in a great location, within the city limits, along the banks of Mill Creek on W Orchard Street. Walkable distance to Old Fort's breweries, restaurants, shopping, etc! Excellent opportunity to own a income producing property. With some much needed repairs and/or updates, the potential for increased profitability is high. Current rent ($350-$500) is well below current rent rates for this area. Property is being sold AS IS WHERE IS. All apartments sold together! Each are individually metered so tenants pay for electric and water. All are 750 sq ft with 2 bedrooms/1 bath. No appliances are included in the units. There is a hookup for a stacked washer and dryer. Tenants use window units for cooling and baseboard heat. 1 unit has had some renovating. 5 units are currently being rented (month to month). Building is priced to sell! Come take a look today!

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Listed by: Mountain Lake Realty