40 Beds
10 Full baths
16,120SqFt
Active
Rental Income Investment Property on approximately 6.7 acres. 10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units. Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent. Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3) Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom. Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox. Outdoor security lights: 3 security lights and 1 motion light on maintenance building. Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building. Utilities provided by owner: water(well), sewer(septic), trash. Tenant responsibility: Power(Duke Energy), Internet, TV service. Washer/Dryer: hookups in each unit.
Property Details | ||
|---|---|---|
| Price | $3,499,000 | |
| Bedrooms | 40 | |
| Full Baths | 10 | |
| Half Baths | 0 | |
| Property Style | Ranch | |
| Lot Size Area | 6.68 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Eightplex+ | |
| Features | Open Floorplan, Pantry | |
| Year Built | 1981 | |
| Subdivision | Ponderosa Village | |
| Heating | Central, Electric | |
| Foundation | Basement, Slab | |
| Lot Description | Cleared, Green Area, Level, Open Lot, Rolling Slope | |
| Laundry Features | Electric Dryer Hookup, In Unit, Main Level, Washer Hookup | |
| Parking Description | Driveway | |
| Garage spaces | 0 | |
Geographic Data | ||
| County | Catawba | |
| Latitude | 35.774232 | |
| Longitude | -81.245893 | |
Address Information | ||
| Address | 5111 Ponderosa Drive, Conover, NC 28613 | |
| Postal Code | 28613 | |
| City | Conover | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | RE/MAX A-Team | |
| Listing Office Phone | 828-324-8326 | |
| Listing Agent | Meredith Miller Carswell | |
| Listing Agent Phone | 828-850-1732 | |
| Attribution Contact | Meredith@CarswellTeam.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | Lyle Creek | |
| Middle School | River Bend | |
| High School | Bunker Hill | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | Mar 2, 2025 | |
| Listing Last Modified | Mar 2, 2025 | |
| Tax ID | 3734143482760000 | |
| MLS # | CAR4225366 | |
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This information is believed to be accurate, but without any warranty.
