Street Dir Prefix:
224 & 222
INVESTORS Take Note, here is a 3 unit cash flow property, being a a 2/1.2 x 2 Duplex, and a 3/2 house on 2 parcels being sold as a package. Seller advises that all units rented at time of listing, tenants wanted to stay on, and given the tight rental market at present, likely no problem to keep fully rented at this moment. House was sellers residence years ago, and they also had the duplex built. Seller states duplex built with cinderblock on slab, insulated walls and vinyl exterior, energy efficient. House is your typical farmhouse, built in 1948 per GIS Report, with an addition each end in the 70's. Located in desirable Ashe County, about 12-15 minutes to West Jefferson, a lovely rural authentic mountain town that has undergone a tremendous resurgence and revitalization in the past few years, you can feel the synergy, see the transformation....its amazing and has been recognized nationally. Highway 221 S is under construction at present, turning it into a 4 lane divided highway, est completion date 2021...and you can guess what happens to an area with a new road to it....Boom? Septic permit not found for house, has a 2 bedroom per unit permit for Duplex.