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  • $1,218,300

    2 Kaitlyn Rd, Weaverville, NC 28787

    22beds
    8,292sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,218,300 Zestimate®
    $147/sqft
    $-- Estimated rent

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    $6,974/mo

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    What's special

    Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away or bring your vision for a whole new development with buyer to verify.

    Zillow last checked: 7 hours ago

    Listing updated: July 05, 2022 at 09:00am

    Listing Provided by:

    Karen Svites karen.svites@gmail.com,

    Keller Williams - Weaverville

    Bought with:

    Karen Svites

    Keller Williams - Weaverville

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 3853196MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 16
    • Full bathrooms: 15
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric, Forced Air, Heat Pump, Other
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Oven, Refrigerator
    • Laundry: Main Level
    Features
    • Flooring: Carpet, Linoleum, Tile, Wood, Other
    Interior area
    • Total structure area: 8,292
    • Total interior livable area: 8,292 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Parking Space(s), Other - See Remarks
    • Uncovered spaces: 4
    • Details: Each unit has their own driveway to park with assorted amounts of space..(Parking Spaces: 3+)
    Features
    • Patio & porch: Other
    • Exterior features: Other - See Remarks
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 8.31 Acres
    • Features: Paved, Private, Rolling Slope, Sloped, Wooded
    Details
    • Additional parcels included: 11&23&19&22 Thunder Rd- 5&20 Kaitlyn Dr- 57 Indian Camp Dr-117 Ambleside Dr
    • Parcel number: 973407770200000
    • Zoning: OU
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum, Vinyl, Other
    • Foundation: Other - See Remarks
    • Roof: Other - See Remarks
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Community Well, Shared Well, Other - See Remarks
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Weaverville
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Gravel, Paved, Other
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    Estimated market value
    $1,218,300