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14 Red Maple Dr - 14 Red Maple 2 Unit Apartment Building Offered at $575,000 at a 6% Cap Rate Weaverville, NC 28787
Investment Highlights
- No Restrictions, No HOA.
- Main level with primary bedroom and bath, lower level with 2 additional bedrooms and bath. Lowest level, 2nd living quarters or apartment
- Beautiful, Contemporary, 2-years old
Executive Summary
A must-see property just minutes away from downtown Asheville! This contemporary home is like new and a perfect addition to your investment portfolio. Featuring three stories and two units, it is ideal for house hacking, long-term rentals, mid-term rentals, and possibly short-term rentals. The property has a history of generating income. Upon entering the upper level, you'll find a spacious, open-concept area that includes the living room, dining area, and kitchen—perfect for entertaining. The primary bedroom is conveniently located down the hall, along with a half bath for guests. The primary suite boasts a stunning tile and glass shower, as well as a dual vanity. Take the hardwood stairs to the middle level, where you'll discover two additional bedrooms and a shared bathroom, along with a laundry area and an open space. The lowest level consists of the second living quarters, ideal for rental or as a suite for family guests. This space features a full kitchen, a living room, one spacious bedroom, and a bathroom. Outside, you'll find beautiful decks for the main living areas, as well as a covered deck for the lower apartment. The scenic landscaping and hardscaping surround the home, leading you to the private entrance of the apartment. Don't miss this opportunity to own a like-new home just outside Asheville!
Property Facts
| Price | $575,000 | Property Type | Multifamily |
| Price Per Unit | $287,500 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Size | 2,140 SF |
| Cap Rate | 6% | No. Stories | 3 |
| No. Units | 2 | Year Built | 2023 |
| Price | $575,000 |
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Building Size | 2,140 SF |
| No. Stories | 3 |
| Year Built | 2023 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | - | 1,480 |
| 1+1 | 1 | - | 660 |
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Property Taxes
| Parcel Number | 9743-46-9807-00000 | Improvements Assessment | $217,200 |
| Land Assessment | $75,300 | Total Assessment | $292,500 |
Property Taxes
Parcel Number
9743-46-9807-00000
Land Assessment
$75,300
Improvements Assessment
$217,200
Total Assessment
$292,500
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Videos
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Presented by
Jen Hubbell & Associates
14 Red Maple Dr - 14 Red Maple
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