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  • $367,500

    576 W Orchard St, Old Fort, NC 28762

    2beds
    6,750sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $516,300 Zestimate®
    $54/sqft
    $1,140 Estimated rent

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    $1,140/mo

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    $1,140/mo

    Rent Zestimate®

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    $2,064/mo

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    $2,064/mo

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    What's special

    RESIDENTAL MULTI-UNIT is now available in the much sought after area of Old Fort! These 9 apartments are in a great location, within the city limits, along the banks of Mill Creek on W Orchard Street. Walkable distance to Old Fort's breweries, restaurants, shopping, etc! Excellent opportunity to own a income producing property. With some much needed repairs and/or updates, the potential for increased profitability is high. Current rent ($350-$500) is well below current rent rates for this area. Property is being sold "AS IS" "WHERE IS". All apartments sold together! Each are individually metered so tenants pay for electric and water. All are 750 sq ft with 2 bedrooms/1 bath. No appliances are included in the units. There is a hookup for a stacked washer and dryer. Tenants use window units for cooling and baseboard heat. 1 unit has had some renovating. 5 units are currently being rented (month to month). Building is priced to sell! Come take a look today!

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2023 at 01:18pm

    Listing Provided by:

    Regina Farmer regfarmer@gmail.com,

    Mountain Lake Realty,

    Brenda Hoyle,

    Mountain Lake Realty

    Bought with:

    Kirstie Conner

    Greybeard Realty Old Fort Office

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4040719MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 9
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: None
    • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
    Features
    • Open Floorplan
    • Flooring: Linoleum
    • Has basement: No
    Interior area
    • Total structure area: 6,750
    • Total interior livable area: 6,750 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Waterfront features: None, Creek, Creek/Stream
    Lot
    • Size: 0.80 Acres
    • Features: Flood Plain/Bottom Land, Level
    Details
    • Parcel number: 075018300332
    • Zoning: Unknown
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    • Roof: Metal,Rubber
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City
    • Utilities for property: Cable Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Old Fort

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel