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Tri-plex in Swannanoa 232 Old US Highway 70

3 Unit Apartment Building $475,000 ($158,333/Unit) Swannanoa, NC 28778

Executive Summary

This is a wonderful tri-plex in a great location of Swannanoa. Close to Ingles and the I-40 interchange. There is one 2 bedroom 2 bath apartment with laundry and a carport. Upstairs are two 1 bedroom 1 bath apartments. There is also a huge basement that is great for storage. Many updates have been done including a roof 4 years ago, new windows a couple years ago and more. All 3 units will be vacant at closing giving you a chance to fill with your clients. Our management firm would be happy to assist with this as well.

Property Facts

Price $475,000
Price Per Unit $158,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.37 AC
Building Size 2,567 SF
Average Occupancy 33%
No. Stories 2
Year Built 1954
Parking Ratio 0.39/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,175 552 - 731
2+2 1 $1,600 1,283

zoning

Zoning Code R-3
R-3
  • Listing ID: 32827068

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 232 Old US Highway 70, Swannanoa, NC 28778

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