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Seller's Agent in 2023
Aaron Kraft
WEICHERT, Realtors - Unlimited
Great investment with huge further potential near Western Carolina University. Just 5 minutes to WCU and and 2 minutes to the Jackson County Recreation Complex. Tenant get to enjoy mountain views from their back porch plus walk down to the river. Great floor plan for tenants with 2 bedrooms upstairs that each have their own full bathroom. 8 units, each with large eat-in kitchen, laundry, living room and half bath downstairs. They also boast decks out front and out back. The ideal location attributes to an excellent rental history with 100% occupancy and long term tenants. With acreage that is here, there is a possibility of adding at least 8 more units. To do so you would have to plug into city water and sewer. There are lines put in to a source, but needs engineering approval and DEQ approval before activating. But the current 8 units are on shared well and septic. Owner has full rent roll records and expense records to show. A lot of long term tenants.
Last Agent to Sell the Property
Aaron Kraft
WEICHERT, Realtors - Unlimited Brokerage Email: akraft@weichertunlimited.com License #241085 Listed on: 12/23/2022
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2023 02/20/23 | Sold | $1,148,000 | -2.1% | $138 / Sq Ft |
| 12/23/2022 12/23/22 | For Sale | $1,172,571 | -- | $141 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,458 | $910,127 | $249,800 | $660,327 |
| 2024 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2023 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2022 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2021 | $2,748 | $723,210 | $78,600 | $644,610 |
| 2020 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2019 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2018 | $2,796 | $735,810 | $67,600 | $668,210 |
| 2017 | $2,723 | $735,810 | $67,600 | $668,210 |
| 2015 | $2,274 | $735,810 | $67,600 | $668,210 |
| 2011 | -- | $812,040 | $176,850 | $635,190 |
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Seller's Agent in 2023
Aaron Kraft
WEICHERT, Realtors - Unlimited
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Buyer's Agent in 2023
Matt Bailey
SECU*RE Inc.
(919) 239-3310
1 in this area
10 Total Sales
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3930988