8 Beds
3 Baths
3,431 SqFt
8 Beds
3 Baths
3,431 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,431 sqft
Price per Sqft $112
MLS Listing ID 4390446
Bedrooms 8
Full Baths 3
Abv Grd Liv Area 3,431
Year Built 1990
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Triplex
Property Description
Recognizing the potential of the property, the seller is offering a $10,000 closing credit to help the next owner jumpstart renovations and bring their vision to life. Whether you're an experienced investor, a first-time buyer looking to offset your mortgage with rental income, or someone passionate about creating quality housing in our community, this property delivers flexibility, potential, and upside.
In addition to its rare in-town triplex configuration, this property offers compelling upside potential. Seller reports current and projected rents of approximately $1,300/month for Unit A, $1,075-$1,100/month for Unit B, and $525/month for Unit C, which has not experienced a rent increase in approximately four years. Buyers are encouraged to conduct their own analysis, but the property may present opportunities for increased income through thoughtful management, updates, and future rent adjustments. Unlike many investment properties tied up in long-term leases, all tenants are currently on month-to-month agreements, giving the next owner a rare combination of immediate income and future flexibility. Whether your goal is to maintain the current rental structure, make improvements, adjust rents to market levels, or create a new vision for the property, the choice is yours.
Located in the heart of Brevard with easy access to shops, restaurants, parks, and everything that makes this mountain town so special, this is more than just a property—it's an opportunity to invest, improve, and create something meaningful. Properties with this combination of location, income potential, and future possibilities are exceptionally hard to find. Don't miss your chance.
Location
State NC
County Transylvania
Zoning GR8
Rooms
Basement Apartment, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Appliance Oven, Refrigerator, Washer/Dryer
Laundry Multiple Locations
Exterior
Street Surface Gravel,Paved
Garage false
Building
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Senior Community false
Special Listing Condition None
GET MORE INFORMATION
