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Swannanoa NC Real Estate, MLS 366224

472 New Salem Road, Swannanoa, NC 28778

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  • Price: $435,000
  • Sq. Footage: 4240
  • Acreage: 1.22 acres
  • Zip Code: 28778
  • Type: Land
  • MLS No.: 366224

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Great Investment Opportunity!!!! Well maintained, restricted MHP located in Swannanoa, just minutes from I-240. This park has five units that rent from $450 - $595 per month and 5 lots that rent for $195/month. You`ll inherit loyal renters and a positive cash flow!

Features

  • MLS Number: 366224
  • List Price: $435,000
  • Property Type: Multi-Family
  • Style: Other See Remarks
  • Previous Price: $379,900
  • Status: A
  • County: Buncombe
  • Township: Swannanoa
  • Subdivision: Not In Subdivision
  • Street Number: 472
  • Street Name: New Salem Road
  • State: NC
  • Zip Code: 28778
  • In The City: N
  • Elementary School: W D WILLIAMS
  • Middle School: CHARLES D OWEN
  • Zoning: NONE
  • High School: CHARLES D OWEN
  • Handicap Accessible: N
  • State Road: Y
  • Taxes: 2006
  • Tax Year: 1811
  • # Of Washers: 4
  • # Of Dryers: 4
  • # Of Fridges: 5
  • # Of Ranges: 5
  • # Of Un Furnished Units: 5
  • Square Footage: 4240
  • Acreage: 1.22
  • Total # Of Units: 5
  • Gross Rent: 45600
  • Occupation Rate Percentage: 100
  • Owner: M H Padgett
  • Average Square footage Per Unit: 848
  • Owner Occupied: N
  • Gross Annual Income: 45060
  • Annual Expenses: 6754
  • Net Annual Income: 38819
  • Annual Insurance: 1000
  • Annual Snow Lawn: 1690
  • Annual Miscellaneous Expenses: 2280

One Bedroom

Two Bedroom

Three Bedroom

Efficiency

Listed By: Keller Williams Professionals/Asheville

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the WNC Regional MLS®. Real estate listings held by brokerage firms other than Keller-Williams are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers.