UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 21,015 sqft
Price per Sqft $118
MLS Listing ID 4382367
Bedrooms 39
Full Baths 24
Abv Grd Liv Area 21,015
Year Built 1929
Lot Size 0.546 Acres
Acres 0.546
Lot Dimensions Irregular
Property Sub-Type Apartment
Property Description
Great location! This 24-unit apartment complex is in close Proximity of downtown Marion, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. With strong rental demand and excellent upside potential, this property offers an outstanding opportunity for investors looking to expand their portfolio or acquire a solid income-producing asset.
The property is served by city water and city sewer, adding convenience and reliability for both ownership and tenants. Offering immediate cash flow with potential for increased returns through future improvements and rent optimization, this complex is positioned to benefit from Marion's continued growth and demand for quality rental housing.
Large multifamily properties like this rarely come to market. Whether you're seeking stable long-term income, portfolio diversification, or a value-add investment, this 24-unit complex presents a rare opportunity in a highly desirable location.
Don't miss your chance to own this premier multifamily investment just steps from downtown Marion. Contact us today for additional information and financial details.
Location
State NC
County Mcdowell
Zoning R-2
Rooms
Basement Daylight
Interior
Interior Features Other - See Remarks
Heating Baseboard
Cooling Window Unit(s)
Fireplace false
Appliance Electric Range, Electric Water Heater
Laundry Laundry Room
Exterior
Exterior Feature Other - See Remarks
Roof Type Architectural Shingle
Street Surface Asphalt,Paved
Garage false
Building
Lot Description Green Area, Views
Dwelling Type Site Built
Foundation Basement
Sewer Public Sewer
Water City
Structure Type Brick Partial
New Construction false
Schools
Elementary Schools Marion
Middle Schools East Mcdowell
High Schools Mcdowell
Others
Pets Allowed No
Senior Community false
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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