1175 Bamboo Road Unit 1,2,3 & 4, Boone, NC 28607

Property Description

Newly Renovated Quadruplex located just 5 minutes from Boone city limits and 10 minutes from App State campus! This quadruplex is currently vacant and ready to be leased. This building features 3 2-Bedroom units, 1 1-Bedroom unit, and separate laundry and utility room. All units have been renovated 2024-2025 with all new mini-split heating and air units, updated bathrooms, updated kitchens with new cabinets and new appliances, as well as new paint, flooring, and light fixtures throughout. Roof replaced in 2022 and Exterior painted in 2023. Local rental companies estimate between $1200 to $1400 rent for each 2-Bedroom unit and $800-$1000 rent for the 1-Bedroom unit. Annual rent then could bring in $52,800 to $62,400 annually which is 7.5% to 8.9% ROI at current asking price. Financing available with as little as 25% down for investors. Information on this available upon request. Disclosure: Suspected buried oil tank on right side of building. Inquire today!