NC > Boone > Valley View
Boone, NC 28607,591 & 573 Margo RD
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Boone, NC 28607,591 & 573 Margo RD
Boone, NC 28607,591 & 573 Margo RD
Boone, NC 28607,591 & 573 Margo RD
Boone, NC 28607,591 & 573 Margo RD
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Rebbecca McCall

Rebbecca McCall

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+1(704) 785-6462
$ 1,475,000
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Price Dropped by $44K

591 & 573 Margo RD Boone, NC 28607

1.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Valley View

MLS Listing ID 255231

Style Traditional

HOA Y/N No

Year Built 1989

Annual Tax Amount $2,080

Lot Size 1.250 Acres

Acres 1.25

Property Sub-Type Duplex

Property Description

TWO DUPLEXES, 4 TOTAL UNITS, 16 TENANTS WITH THEIR OWN SLEEPING SPACE / 8 BATHS - WITH PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Fully leased through July 2026 with current leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $148,800 for the Aug '25 - July '26 lease term. Tenants are responsible for all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary. Total square footage represented is from appraiser measurements provided by the seller.

Location

State NC

County Watauga

Area 1-Boone, Brushy Fork, New River

Interior

Heating Baseboard, Electric

Fireplace No

Exterior

Utilities Available Other, See Remarks, High Speed Internet Available

Water Access Desc Community/Coop

Roof Type Asphalt,Shingle

Building

Sewer Other, See Remarks

Water Community/Coop

Architectural Style Traditional

Schools

Elementary Schools Hardin Park

High Schools Watauga

Others

Tax ID 2920-56-1607-000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

High Country MLS
Listed by Baxter Mountain Properties
Rebbecca McCall

Rebbecca McCall

REALTOR/BROKER | License ID: 301615

+1(704) 785-6462

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