$785,000
For Sale

218 Elk Hill Drive #4, 6, 7, 8

Banner Elk, NC 28604
2688 sqft | 8 beds | 4 baths | #4131331
Browse 48 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Looking for an investment? Look no further! This group of condos is being
offered below appraisal value and is well-seasoned for the investor looking
for a “Home Run.” All units are 2 bed, 1 bath with an open floorplan. Three
units have updated solid surface floors, granite, dishwashers, garbage
disposals, Jacuzzi tubs with surround shower, custom closets, built in
desks, and vented gas stone corner fireplaces. All units have very spacious
decks and the two end units have additional decks with sliders. The
location is superb, minutes to town, restaurants, Lowes Hardware, and
grocery stores. Both Sugar Mountain and Beech Mountain ski resorts are
only a short drive. A short 5 minute drive to Lees McRae and a 30 minute
drive to Appalachian State University. For the hiking enthusiast Grandfather
Mountain and numerous hiking trails are close by.
These units stay rented. Long term rentals accepted, and short term rentals
could be a possibility.

  • Interior Details
      • CoolingDuctless, Other - See Remarks
      • Cooling FeaturesDuctless, Other - See Remarks
    • Beds & Baths
      • Bedrooms8
      • Bathrooms4
      • Full Baths4
  • Property Details
      • ViewMountain(s)
    • Measurements
      • Square Feet2688
    • Parking
      • Parking FeaturesParking Lot
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1983
    • Material information
      • FoundationCrawl Space
  • Utilities / Energy Details
      • AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
      • Sewer InformationPublic Sewer
      • Utility SourceShared Well
  • Community and Neighborhood Details
      • High SchoolAvery County
      • Middle SchoolUnspecified
      • Elementary SchoolBanner Elk
      • CountyAvery
  • Financial Details
      • Original List Price$945,000
      • Days on Market (Cumulative)194
    • HOA
      • Hoa Fees600
  • Restrictions
      • PetsYes
  • Other
      • MLS #4131331

Location

Matt GallinaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00