5 Beds
9 Baths
6,201 SqFt
5 Beds
9 Baths
6,201 SqFt
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 6,201 sqft
Price per Sqft $209
MLS Listing ID 4340473
Bedrooms 5
Full Baths 9
Abv Grd Liv Area 6,201
Year Built 1962
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Portfolio
Property Description
Rare chance to acquire five homes sold together as a turnkey rental portfolio, priced intentionally so the numbers make sense for an investor. The property includes four brand-new, two-story units plus an updated single-family home, all located conveniently between Brevard and Rosman.
The newly constructed units feature oak flooring, high ceilings, and modern finishes throughout. Each offers one bedroom with an ensuite bath, a bonus room, an additional full bathroom, and an open-concept kitchen with contemporary cabinetry, fixtures, and appliances—designed to appeal to today's renters.
Also included is a 1960s-built home that has been updated and is currently rented for $1,400/month. The tenant would love to remain, providing immediate, stable income.
The property is further enhanced by two large storage buildings and a substantial concrete slab, ideal for adding additional storage units or expanding renter amenities to increase future revenue.
This is a true rental-income investment, offering multiple income streams with upside potential through storage expansion or rent optimization. All five homes convey together—a compelling opportunity for investors seeking scale, flexibility, and long-term cash flow in a strong Transylvania County location.
Location
State NC
County Transylvania
Zoning None
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Wood
Fireplace false
Appliance Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator, Washer/Dryer
Laundry In Hall, In Kitchen, Main Level
Exterior
Exterior Feature Storage
Utilities Available Cable Available
Waterfront Description None
Roof Type Architectural Shingle,Metal
Street Surface Gravel,Paved
Porch Covered, Front Porch
Garage false
Building
Dwelling Type Manufactured,Site Built
Foundation Crawl Space
Sewer Septic Installed
Water Shared Well
Structure Type Block,Hardboard Siding,Metal
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Yes
Senior Community false
Restrictions No Restrictions
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
Special Listing Condition None
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1876 Shady Ln, Newton, Carolina, 28658, United States