218 Elk Hill Drive #4,6,7,8, Banner Elk, NC 28604 (MLS # 249147)

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PRICE $785,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,688 sqft
LOT SIZE n/a

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 in the future. This development of 8 units has been carefully maintained and cared for. There is a community laundry on the property for renters' convenience. This is a quiet neighborhood and perfect setting for renters. These units stay rented. Long term rental accepted, short term rental could be a possibility in the future. This development of 8 units has been carefully maintained and cared for. There is a community laundry on the property for renters convenience. Quiet neighborhood and perfect setting for renters.

DAYS ON MARKET 246 LAST UPDATED 10/23/2024
TRACT None YEAR BUILT 1983
COMMUNITY 8-Banner Elk COUNTY Avery
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Banner Elk
High School Avery County

PRICE HISTORY
Prior to Jun 14, '24 $945,000
Jun 14, '24 - Jul 25, '24 $915,000
Jul 25, '24 - Aug 28, '24 $895,000
Aug 28, '24 - Sep 23, '24 $845,000
Sep 23, '24 - Oct 23, '24 $790,000
Oct 23, '24 - Today $785,000


ADDITIONAL DETAILS
AIR Electric
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
AREA 8-Banner Elk
BASEMENT Crawl Space
CONSTRUCTION Cedar, Frame, Wood Siding
FIREPLACE Yes
HEAT Baseboard, Electric, Fireplace(s)
HOA DUES 600
INTERIOR High Speed Internet
LOT 0
PARKING Shared Driveway
SEWER Public Sewer
STYLE Mountain
SUBDIVISION None
TAXES 1394
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATER Shared Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Marjorie Hyatt, Hyatt In The High Country, Inc., (828) 268-9901

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