$575,000
$599,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 12/31/2025
Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Holiday Hills
MLS Listing ID 257731
Sold Date 12/31/25
Style Ranch
HOA Y/N No
Year Built 1969
Annual Tax Amount $578
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Quadruplex
Property Description
Major Price Adjustment! Seller motivated to have this property sold before year's end, and the new price reflects an excellent opportunity for Buyers. Newly Renovated Quadruplex located just 5 minutes from Boone city limits and 10 minutes from App State campus! This quadruplex is currently vacant and ready to be leased. This building features 3 2-Bedroom units, 1 1-Bedroom unit, and separate laundry and utility room. All units have been renovated 2024-2025 with all new mini-split heating and air units, updated bathrooms, updated kitchens with new cabinets and new appliances, as well as new paint, flooring, and light fixtures throughout. Roof replaced in 2022 and Exterior painted in 2023. Local rental companies estimate between $1200 to $1400 rent for each 2-Bedroom unit and $800-$1000 rent for the 1-Bedroom unit. Annual rent then could bring in $52,800 to $62,400 annually which is 8.8% to 10.4% ROI at current asking price. Disclosure: Suspected buried oil tank on right side of building. Inquire today!
Location
State NC
County Watauga
Community Long Term Rental Allowed
Area 1-Boone, Brushy Fork, New River
Rooms
Basement Crawl Space
Interior
Heating Ductless
Cooling Ductless
Fireplace No
Appliance Dishwasher, Electric Cooktop, Microwave, Refrigerator
Exterior
Community Features Long Term Rental Allowed
Utilities Available Electricity Available, Water Available
Water Access Desc Shared Well
Roof Type Asphalt,Architectural,Shingle
Building
Sewer Shared Septic
Water Shared Well
Architectural Style Ranch
Schools
Elementary Schools Parkway
High Schools Watauga
Others
Tax ID 2829-57-5102-000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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