NOT LISTED FOR SALE

21 & 23 Deep Woods Rd Weaverville, NC 28787

16 Beds
8 Baths
6,720 Sq Ft
1.75 Acres

Last Sold June 28, 2023

Last sale price $940,000 $140 Per Sq Ft

68 Days on Market

Highlights

  • Mountain View
  • Deck
  • Storm Windows
  • Weaverville Elementary Rated A-
  • Corner Lot
  • Patio

About This Home

As of June 2023

Two 3,360 square foot residential buildings, each existing of four units (8 total). All Units are 2 BD/1BA. These turn-key rental units are fully leased, and generate +/-$95,000 of gross annual income.
Tremendous opportunity to purchase an excellent income producing property with below market rents and immediate upside potential.   
Significant capital invested into property in last five years; including: appliances, complete painting, water filtration system, landscaping and septic system repair and replacement.
Originally built 1982 -  Free Standing wood frame buildings with vinyl siding (2013), concrete slab, block foundation, shingle roof (2012).  Property is in good condition with extensive upgrades. 
Each Building has two above ground units and two partial below grade units.  Each upper unit has private back deck.  The lower units enjoy a fenced concrete patio entry.  There are full kitchen through-out and storage shed for each building. Please review CoveStar Brochure.

Last Agent to Sell the Property

James Diaz

Likewise Commercial Real Estate License #200236 Listed on: 03/16/2023

Last Buyer's Agent

Keaton Edwards

G/M Property Group License #277099

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1982

Lot Details

  • Corner Lot

Home Design

  • Garden Home
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6,720 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Mountain Views
  • Storm Windows

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • Shared Driveway
  • Parking Lot

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Weaverville/N. Windy Ridge Elementary School
  • North Buncombe High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, management, outdoor lighting, sewer, trash collection, water
  • Assessor Parcel Number 9743520970
  • Tax Block 0191

Property Details

Home Type

Apartment

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Architectural Style: Ranch
  • Year Built: 1982
  • Restrictions Description: Unknown
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Property Sub Type Additional: Garden
  • Geocode Confidence: High
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Flooring: Laminate, Linoleum
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Exterior Maintenance, Management, Outdoor Lighting, Sewer, Trash Collection, Water
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Living Area: 6720
  • Building Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Mountain(s)
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot, Parking Space(s), Shared Driveway

Utilities

  • Heating: Baseboard
  • Sewer: Septic Installed
  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 1.75
  • Lot Size Units: Acres
  • Parcel Number: 9743520970
  • Zoning: R-3
  • Plat Book Slide: 0053
  • Plat Reference Section Pages: 0053/0191
  • Development Status: Completed
  • Additional Parcels Description: 9743520765, 9743530014
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • Tax Block: 0191

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Weaverville/N. Windy Ridge
  • High School: North Buncombe

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $940,000 -24.8% $140 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,250,000 -- $186 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4011856

Canopy MLS (Canopy Realtor® Association)

APN: 9743-52-0765-00000