606 Nc Highway 105 Bypass

Boone, NC 28607

Best student rental property in town! Seller represents he believes he can obtain $950, $850, $800 and $750 per month per room upstairs and currently rents entire lower level for $1000 per month. If seller's upstairs projections are correct, it would amount to an annual income of $52,200 which would translate to a 13+% CAP RATE! Entire home has been updated with high-end bathrooms. Plenty of room for parking, large back deck and nice yard wraps entire property. High end ceramic tile and bath fixtures. One-level living on main walk-in level including three beds and full baths. Bonus is downstairs has been beautifully renovated with just about as much space and more upscale improvements. Cannot count because ceiling height is below 7' but appears it could also be rentable bedrooms or separate level. Great opportunity for anyone looking for easy access to ASU and plenty of space for lots of people. See to believe. Buyer and buyer's agent are reponsible for their own financial due diligence and cap rate analysis and listing agency makes no representation about current or future income performance.

This is an Active listing.

Broker Office Phone Number: 828-265-1021

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