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355 Cherry Mountain Street

Forest City, NC 28043
  • $1,650,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 4019294
$1,650,000
  • 40
    BEDS
  • 7.22
    ACRES
  • 15
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Manufactured Home
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Keller Williams South Park: 704-602-0400. Copyright 2023 Canopy MLS. All rights reserved.

Description

PORTFOLIO of 15 homes for sale in Rutherford County, located approximately 1 hour from Asheville and 1.5 hours from Charlotte. Includes 9 homes in Forest City, 3 in Spindale, 2 in Rutherfordton, and 1 in Union Mills. SOLD AS A PACKAGE ONLY! Properties are sold AS IS! DO NOT DISTURB TENANTS! Most of the homes have 3 bedrooms and 1 bath. The seller recently invested over $100K in improvements to most of the homes in the portfolio, including new roofs, painting, HVAC, fixtures, flooring, etc. As of 4/5/23, all units are occupied. Viewings will need to be arranged after an offer is accepted. Most tenants have been long term. None of these units have remained vacant for long and calls are received almost daily on availability!

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MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-27T23:33:17.41 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carver Pressley, REALTORS® nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

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355 Cherry Mountain Street Forest City, NC 28043

  • Price: $1,650,000
  • Status: Active
  • On Site: 46 Days
  • ID#: 4019294
40
Beds
15
Baths
2
½ Baths
7.22
Acres
1920
Built
Neighborhood:
None
County:
Rutherford
Area:
Forest City
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
Property Description
PORTFOLIO of 15 homes for sale in Rutherford County, located approximately 1 hour from Asheville and 1.5 hours from Charlotte. Includes 9 homes in Forest City, 3 in Spindale, 2 in Rutherfordton, and 1 in Union Mills. SOLD AS A PACKAGE ONLY! Properties are sold AS IS! DO NOT DISTURB TENANTS! Most of the homes have 3 bedrooms and 1 bath. The seller recently invested over $100K in improvements to most of the homes in the portfolio, including new roofs, painting, HVAC, fixtures, flooring, etc. As of 4/5/23, all units are occupied. Viewings will need to be arranged after an offer is accepted. Most tenants have been long term. None of these units have remained vacant for long and calls are received almost daily on availability!
Exterior Features

Carport YN No Construction Materials N/A Construction Type ManufacturedSite Built Foundation Details None Garage YN No Main Level Garage YN No Parking Features Driveway Road Responsibility Publicly Maintained Road Road Surface Type Other

Interior Features

Additional Parcels Description 9058651210185121518043072741963116045061204181429013120862860559241744016239851623989425555 Appliances Other Basement YN No Below Grade Finished Area 0 Building Area Total 16438 Cooling N/A Heating None Laundry Features None Sq Ft Unheated Basement 0

Property Features

Assumable YN No CCRSubject To No City Taxes Paid To Forest City Hoa Subject To None Listing Terms CashConventional New Construction YN No Pets Allowed Yes Property Sub Type Eightplex+ Senior Community YN No Sewer Public Sewer Special Listing Conditions Subject To Lease Tenant Pays All Utilities Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2023-05-27T23:33:17.41 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Carver Pressley, REALTORS® nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.

Digital Millennium Copyright Act
 
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Carver Pressley, REALTORS®
2459 Wilkinson Blvd, Suite 100
Charlotte NC, 28208
Canopy MLS logo Offered by Keller Williams South Park: 704-602-0400. Copyright 2023 Canopy MLS. All rights reserved.