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Michelle Giolitti

giolitti5@gmail.com +1(704) 787-2990

$900,000

Est. payment - /mo

14 Beds

8 Baths

6,048 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,048 sqft

Price per Sqft $148

MLS Listing ID 4443123

Bedrooms 14

Full Baths 8

Abv Grd Liv Area 3,024

Year Built 1979

Lot Size 1.450 Acres

Acres 1.45

Property Sub-Type Apartment

Property Description

1466 Kennedy Drive is an 8 unit multifamily property made up of two 4-unit buildings on ±1.45AC in Morganton. Six units are 2BR/1BA and two units are 1BR/1BA. Each unit has a deck or patio in the rear. Three units have been updated in the past year with LVP flooring and fresh paint. The remaining five are kept in good condition but have not been renovated, leaving the new owner room to finish the renovation program and capture the upside in rents to market rates of $1,150 for 2BR and $1,000 for 1BR.

Location

State NC

County Burke

Zoning R-3

Rooms

Basement Apartment, Daylight, Finished, Walk-Out Access

Interior

Heating Baseboard, Ductless

Cooling Ductless, Window Unit(s)

Appliance Electric Range, Electric Water Heater, Oven, Refrigerator

Laundry In Unit

Exterior

Street Surface Asphalt,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Basement

Sewer Septic Installed

Water County Water

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed No

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Zach Britt • Britt Commercial Real Estate, LLC • zbritt@brittcre.com

Nearby School & Business

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Michelle Giolitti

+1(704) 787-2990

Broker License ID: 269070

1466 Kennedy DR Morganton, NC 28655

Michelle Giolitti

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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