319 Connelly Springs Sw Road, Lenoir, NC 28645
- $750,000
- 8
- BD
- 11,000
- SqFt
Listing courtesy of Raccoon Realty LLC. 828-729-1976
- List Price
- $750,000
- MLS#
- 4423516
- Status
- ACTIVE
- Days on Market
- 1
- Property Type
- Residential Income
- Architectural Style
- Other
- Year Built
- 1970
- Bedrooms
- 8
- Full Baths
- 4
- Half Baths
- 4
- Lot Size
- 22,215
- Lot Size Area
- 0.51
- Living Area
- 11,000
- Sq Ft Total
- 11000
- County
- Caldwell
- Special Conditions
- None
Property Description
Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.
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Additional Information
- Floor Coverings
- Vinyl, Other - See Remarks
- Equipment
- Electric Range, Refrigerator
- Foundation
- Slab
- Laundry Location
- In Kitchen
- Heating
- Baseboard, Central, Electric, Heat Pump, Other - See Remarks
- Water
- City
- Sewer
- Public Sewer
- Exterior Features
- Lawn Maintenance
- Exterior Construction
- Brick Partial, Vinyl
- Roof
- Rubber
- Parking
- Parking Lot, Parking Space(s)
- Driveway
- Concrete, Paved
- Lot Description
- Paved, Other - See Remarks
- Elementary School
- Whitnel
- Middle School
- William Lenoir
- High School
- Hibriten
- Zoning
- B2
- Total Property HLA
- 11000
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