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

$895,000

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

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.

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

MLS® # 249147
Price $895,000
Bathrooms 0.00
Acres 0.00
Year Built 1983
Type Residential Income
Sub-Type Multi Family
Style Mountain
Status Active

Community Information

Address 218 Elk Hill Drive # 4,6,7,8
Area 8-Banner Elk
Subdivision None
City Banner Elk
County Avery
Province NC
Postal Code 28604

Amenities

Utilities Separate Meters, High Speed Internet Available
Parking Shared Driveway
Garages Shared Driveway
View Mountain(s), Seasonal View
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Heating Baseboard, Electric, Fireplace(s)
Cooling Electric
Fireplace Yes
Fireplaces Gas, Stone, Vented, Propane
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Cedar, Wood Siding, Wood Frame
Windows Double Hung, Screens, Wood Frames
Roof Architectural, Shingle
Construction Cedar, Wood Siding, Wood Frame

School Information

Elementary Banner Elk
High Avery County

Additional Information

Date Listed April 19th, 2024
Days on Market 75
Short Sale No
RE / Bank Owned No
HOA Fees 600
HOA Fees Freq. Monthly

Listing Details

OfficeHyatt In The High Country, Inc.
Contact Info(828) 268-9901

Listing Map

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