290 Hookers Gap Road, Candler, NC 28715
- $1,375,000
- 4
- BD
- 2
- BA
- 2,500
- SqFt
Listing courtesy of Patton Allen Real Estate LLC. ashevillehometeam@gmail.com
- List Price
- $1,375,000
- MLS#
- 4376195
- Status
- ACTIVE
- Days on Market
- 91
- Property Type
- Residential
- Architectural Style
- Arts and Crafts, Cottage
- Distressed Property
- Yes
- Year Built
- 1928
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Lot Size
- 196,020
- Lot Size Area
- 4.5
- Living Area
- 2,500
- Sq Ft Total
- 2500
- County
- Buncombe
- Subdivision
- No Neighborhood
- Special Conditions
- Subject to Lease, None
Property Description
This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. There are 8 separate individual residences. Property is offered fully occupied. Long term tenants tenants with active lease in place. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. This property has a long operating history, complete with property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $120k in yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451
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Additional Information
- Fireplace
- Yes
- Equipment
- Dishwasher, Oven
- Foundation
- Slab
- Main Level Rooms
- Kitchen, Bedroom(s), Bedroom(s), Bathroom-Full, Living Room, Laundry
- Laundry Location
- Mud Room
- Heating
- Ductless
- Water
- Shared Well, Well
- Sewer
- Septic Installed, Shared Septic
- Exterior Features
- Fire Pit
- Exterior Construction
- Vinyl, Wood
- Roof
- Architectural Shingle, Metal
- Parking
- None
- Driveway
- Asphalt, Paved
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Total Property HLA
- 2500
Mortgage Calculator
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