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505 E Main St 7 Unit Apartment Building $999,999 ($142,857/Unit) Burnsville, NC 28714
Executive Summary
Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC-a rare chance to own a high-visibility income-producing property right on Burnsville's thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all-walkable to shops, restaurants, and Burnsville's historic town square, with excellent exposure for both residential and commercial tenants. Whether you're looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.
Property Facts
| Price | $999,999 | Apartment Style | Low-Rise |
| Price Per Unit | $142,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.18 AC |
| No. Units | 7 | Building Size | 11,030 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1937 |
| Zoning | C-3 | ||
| Price | $999,999 |
| Price Per Unit | $142,857 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 11,030 SF |
| No. Stories | 1 |
| Year Built | 1937 |
| Zoning | C-3 |
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Property Taxes
| Parcel Number | 082015646746.000 | Improvements Assessment | $522,000 |
| Land Assessment | $282,200 | Total Assessment | $804,200 |
Property Taxes
Parcel Number
082015646746.000
Land Assessment
$282,200
Improvements Assessment
$522,000
Total Assessment
$804,200
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Dream Mountain Realty
505 E Main St
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