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Details

Rental Income Investment Property on approximately 6.7 acres. 10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units. Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent. Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3) Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom. Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox. Outdoor security lights: 3 security lights and 1 motion light on maintenance building. Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building. Utilities provided by owner: water(well), sewer(septic), trash. Tenant responsibility: Power(Duke Energy), Internet, TV service. Washer/Dryer: hookups in each unit.

PROPERTY FEATURES

Water Source : Well Sewer System : Septic Installed
Parking Features :
Road Surface Type : Concrete
Heating : Central
Construction Type : Site Built Construction Materials : Brick Partial Foundation Details: Basement
Laundry Features : Electric Dryer Hookup Appliances : Dishwasher

PROPERTY DETAILS

Street Address: 5111 Ponderosa Drive
City: Conover
State: North Carolina
Postal Code: 28613
County: Catawba
MLS Number: 4225366
Year Built: 1981
Courtesy of RE/MAX A-Team
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