$119,000
$125,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
202 Bell AVE East Flat Rock, NC 28726
2 Beds
1 Bath
600 SqFt
Key Details
Sold Price $119,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 600 sqft
Price per Sqft $198
Subdivision Lawndale Park
MLS Listing ID 3552810
Sold Date 04/09/20
Style Cottage
Bedrooms 2
Full Baths 1
Year Built 1940
Lot Size 0.290 Acres
Acres 0.29
Property Description
2 Small Homes on 1/3 of an Acre in Ultra Convenient In-Town Location make this a Great Investment Opportunity! First home is a cute site built farmhouse styled home and 2nd home is a manufactured home, both on the same parcel. The farmhouse is a 2 bedroom 1 bathroom and the manufactured home is 1 bedroom 1 bathroom for a combined annual income of 14,000 dollars which is a 8%+ capitalization rate at listing price. Seller says that both tenants have lived here for 5+ years and are hoping to stay in place if the new owner agrees as both tenants are currently month to month. The convenient location and proximity to downtown Hendersonville makes this a great place to have an income producing property. Come see all this has to offer.
Location
State NC
County Henderson
Interior
Heating Gas Hot Air Furnace, Propane, Window Unit(s)
Appliance Electric Range, Refrigerator, Electric Oven
Exterior
Roof Type Composition
Parking Type Driveway
Building
Building Description Wood Siding, 1 Story
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Cottage
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with Jay S Marlow • Marlow Real Estate & Appraisal