Another Property Sold - 2 Kaitlyn Road, Weaverville, NC 28787

by Karen Svites Realty, Inc. 07/09/2022

2 Kaitlyn Road, Weaverville, NC 28787
Residential IncomeSold
List Price $720,000
Sold Price $625,000
2 Kaitlyn Road
Weaverville, NC 28787
Listed by: (NCM12573) Keller Williams - Weaverville, 828-273-6462
MLS: Canopy MLS
22Beds
15Full1Half Baths
8,292Sq Ft
Est. Mortgage
$3,817/mo

Income producing rental property only 15 minutes to downtown Asheville. Add this to your portfolio and purchase at a 7% cap rate with a net operating income of over $50,000. Total of 8.31 acres with 515 ft of road frontage to rolling acreage, two access roads that lead to 7 manufactured homes and 2 site built homes spaced 1/2-3/4 acre per home. The roads are Kaitlyn Road and Thunder Road that provides access to the homes. Two community wells service the homes and owner represents each have their own septic systems. Age of homes range from 1985 - 2001 and vary in condition with some in need of a complete remodel. Produce income right away or bring your vision for a whole new development with buyer to verify.

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About the Author
Author

Karen Svites Realty, Inc.

Local Expertise | World Class Service 

My name is Karen Svites. I am a top producer, real estate consultant for buyers, sellers and investors in the Asheville area for over 17 years. I have lived in North Carolina since 1994 and have called Asheville my home and place to raise my wonderful children. I am blessed to live here and be a part of this vibrant community. I enjoy the people, seasons, culture and many outdoor activities available to me.