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152 Walnut Street Downtown Waynesville NC 152 Walnut St 11 Unit Apartment Building $2,350,000 ($213,636/Unit) Waynesville, NC 28786

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INVESTMENT HIGHLIGHTS

  • Commercial uses allowed
  • Walk to downtown Waynesville
  • Ideal for short term rental units

EXECUTIVE SUMMARY

Public Remarks
Wow. Downtown Central Location on perimeter of Central Business District. Large beautiful 1953 10 Unit Brick 3 story building with garage apartment ready for updates. Zoning allows multiple mixed use businesses as well as existing multi units. otal Heated Sq Ft includes common area hallways and stairwells. The third floor has approx 2,300 sq ft and approx. 50% of heated sq ft is under 7 ft height. City lot with off street parking and space to add several more units if so desired. Would make ideal Short term rentals walk to downtown Waynesville. Total sq. ft. approx 9242 sq ft 8 Units have covered screened in patios=(additional sq. ft.) Owner wants to finance 50% on installment sale.

PROPERTY FACTS

Price $2,350,000
Price Per Unit $213,636
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.47 AC
Building Size 9,242 SF
No. Stories 3
Year Built 1953
Zoning commercial - Mixed use commercial zoning. Office, salon, cafe restaurant, bed and breakfast. Lot could accommodate several more units

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 11 $800.00 400 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8615-49-1134
Land Assessment
$165,200
Improvements Assessment
$429,300
Total Assessment
$594,500
  • Listing ID: 33101474

  • Date on Market: 9/7/2024

  • Last Updated:

  • Address: 152 Walnut St, Waynesville, NC 28786

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