Beautifully remodeled low-maintenance small (55+) 12 unit apartment complex in a prime location with room to expand. 9% Cap Rate at list price. Meticulously Maintained Building and Property. Very low tenant turn-over. Property has stayed full with a waiting list since the 2021 full remodel. Building includes leasing office, coin laundry facilities, ice machine and vending. New since 2020: 40 year metal roof, re-paved entire parking lot, landscaping, signage, almost all building wiring and plumbing replaced or upgraded, all new appliances, water heaters and kitchens, insulation, windows, new A/C units (central and PTAC type).
Closed
$875,000
137 W Mountain St, Rutherfordton, NC 28139
4beds
6,132sqft
Multi Family
Built in 1960
-- sqft lot
$947,000 Zestimate®
$143/sqft
$1,347 Estimated rent
Home value
$947,000
$833,000 - $1.07M
$1,347/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: October 16, 2023 at 01:18pm
Listing Provided by:
Jeffrey Aiello jeff@thepowerbadger.com,
Atlas Property Systems, Inc.
Bought with:
Jeffrey Aiello
Atlas Property Systems, Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4066886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 13
- 1/2 bathrooms: 1
Heating
- Central, Ductless, Electric, Forced Air, Heat Pump
Cooling
- Central Air, Ductless, Heat Pump, Multi Units, Varies by Unit, Wall Unit(s)
Appliances
- Included: Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
- Laundry: Common Area, Laundry Room
Features
- Attic Other, Walk-In Closet(s)
- Flooring: Vinyl
- Has basement: No
- Attic: Other
Interior area
- Total structure area: 6,132
- Total interior livable area: 6,132 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 20
- Parking features: Parking Lot
- Uncovered spaces: 20
Accessibility
- Accessibility features: Bath Grab Bars, Door Width 32 Inches or More, Lever Door Handles, Swing In Door(s), Handicap Parking, Ramp(s)-Main Level
Features
- Stories: 1
- Patio & porch: Front Porch
- Has view: Yes
- View description: Long Range, Mountain(s), Year Round
- Frontage length: Road Frontage: 2000
Lot
- Size: 1.52 Acres
- Features: Corner Lot, Open Lot, Views
Details
- Parcel number: 1626408
- Zoning: SF3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Full, Brick Partial
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Community
- Community features: Fifty Five and Older
Senior living
- Senior community: Yes
Location
- Region: Rutherfordton
Other
Other facts
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2023 | Sold | $875,000-2.8%$143/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4066886 Report a problem | ||
| 9/6/2023 | Listed for sale | $899,900$147/sqft |
Source: Canopy MLS as distributed by MLS GRID #4066886 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28139
Nearby schools
GreatSchools rating
- 4/10Rutherfordton Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 4/10R-S Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10R-S Central High SchoolGrades: 9-12Distance: 1.6 mi
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- North Carolina
- Rutherford County
- Rutherfordton
- 28139
- 137 W Mountain St