173 Old Turnpike NW Road, Banner Elk, NC 28604

$420,000
5
BD
3
BA
1,875
SqFt

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List Price
$420,000
Days on Market
0
Status
ACTIVE
Type
Single Family Residential
MLS#
263737
County
Avery
City
Banner Elk
Bedrooms
5
Bathrooms
3
Total Living Area
1,875
Acres
0.26
Year Built
1984

Property Description

Take a fresh look! Complete exterior & interior repaint just completed this month!! Rare Opportunity!! Only listing like this in downtown Banner Elk; Set up as a duplex (but could be used as a single family with a rental income apartment (recently rented both units for total $3000/month! No lease/ tenants in place now to make it easy to show/ sell), or with the stairs from the main level down to the workshop/garage, it could easily be finished out as a 5/3 home with an extra living/kitchen below) that is walking distance to town!!! It's very rare for any multi-family to come on the market in Downtown Banner Elk on city water/sewer/maintained-paved roads, and this investment has been a great asset for 11 years to the current owner. Easily accessible with paved driveway, and fully remodeled when purchased, including metal roof, new kitchens, new baths, new plumbing, new windows, lvp flooring, etc, the duplex features a 2/1 below, and a 3/2 above, with separate entrances/decks. The basement features a 1-car garage and large workshop area (this is set up to be assessed by either unit, depending on which wants to include it in their lease). There is a small flat yard around the lower unit. Old Turnpike runs next to a noisy creek, and is a quiet, flat street that is great for walking. In past tenants pay all utilities 50/50 between the units; with power on 1 meter. Ready now to move-in!

Additional Information

Exterior Amenities
Storage
Interior Amenities
Second Kitchen
Appliances
Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Basement
Finished, Partially Finished, Walk-Out Access
Fireplace
None
Garage
Asphalt, Driveway, Garage, One Car Garage, Paved, Shared Driveway
Heating
Baseboard, Electric
Road
Paved
Roof
Metal
Elementary School
Banner Elk
High School
Avery County
Sewer
Public Sewer
Style
Cottage, Traditional
Windows
Double Pane Windows
View
Mountain(s), Pasture
Water Source
Public
Zoning
Residential

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This Listing is courtesy of Benjamin Ray with Client First Of The High Country. (704) 287-2760

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”