Boone, NC 28607,1175 Bamboo RD #1,2,3 & 4
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Boone, NC 28607,1175 Bamboo RD #1,2,3 & 4
Boone, NC 28607,1175 Bamboo RD #1,2,3 & 4
Boone, NC 28607,1175 Bamboo RD #1,2,3 & 4
Boone, NC 28607,1175 Bamboo RD #1,2,3 & 4
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Active Under Contract

1175 Bamboo RD #1, 2, 3 & 4 Boone, NC 28607

7,840 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Holiday Hills

MLS Listing ID 257731

Style Ranch

HOA Y/N No

Year Built 1969

Annual Tax Amount $578

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Property Description

Major Price Adjustment! Seller motivated to have this property sold before year's end, and the new price reflects an excellent opportunity for Buyers. Newly Renovated Quadruplex located just 5 minutes from Boone city limits and 10 minutes from App State campus! This quadruplex is currently vacant and ready to be leased. This building features 3 2-Bedroom units, 1 1-Bedroom unit, and separate laundry and utility room. All units have been renovated 2024-2025 with all new mini-split heating and air units, updated bathrooms, updated kitchens with new cabinets and new appliances, as well as new paint, flooring, and light fixtures throughout. Roof replaced in 2022 and Exterior painted in 2023. Local rental companies estimate between $1200 to $1400 rent for each 2-Bedroom unit and $800-$1000 rent for the 1-Bedroom unit. Annual rent then could bring in $52,800 to $62,400 annually which is 8.8% to 10.4% ROI at current asking price. Disclosure: Suspected buried oil tank on right side of building. Inquire today!

Location

State NC

County Watauga

Community Long Term Rental Allowed

Area 1-Boone, Brushy Fork, New River

Rooms

Basement Crawl Space

Interior

Heating Ductless

Cooling Ductless

Fireplace No

Appliance Dishwasher, Electric Cooktop, Microwave, Refrigerator

Exterior

Community Features Long Term Rental Allowed

Utilities Available Electricity Available, Water Available

Water Access Desc Shared Well

Roof Type Asphalt,Architectural,Shingle

Building

Entry Level One

Sewer Shared Septic

Water Shared Well

Architectural Style Ranch

Level or Stories One

Schools

Elementary Schools Parkway

High Schools Watauga

Others

Tax ID 2829-57-5102-000

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

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High Country MLS
Listed by Keller Williams High Country
Rebbecca McCall

Rebbecca McCall

REALTOR/BROKER | License ID: 301615

+1(704) 785-6462

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1175 Bamboo RD #1,2,3 & 4