114, 111, 126 Farmside Dr., Forest City, NC 28043

114, 111, 126 Farmside Dr., Forest City, NC 28043
Photo 1 of 21
$1,580,000
Beds Baths Sq. Ft. Taxes Built
22 14.00 10,910 1980
On the market: 194 days

Est. Monthly Payment:

$9,035($9,035 + $0 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
Listing courtesy of Barbara Keever, Odean Keever & Associates, Inc.