15 & 26 Rivermoor DR Active

Brevard,NC 28712

$ 1600000

- Bed

- Bath

11929 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,929 sqft

Price per Sqft $134

MLS Listing ID 4230457

Abv Grd Liv Area 11,929

Year Built 1974

Lot Size 7.500 Acres

Acres 7.5

Property Sub-Type Apartment

Property Description

Seize this rare multifamily investment in Brevard, NC, just 2 miles from downtown's vibrant core! This well-maintained 10-unit apartment complex features 2 buildings, each with 5 units: 1 one-bedroom, 7 two-bedroom, and 2 three-bedroom units. City water and electricity are individually metered, with 2 septic tanks per building (4 total). All units are occupied by long-term tenants, ensuring stable income. Nestled among stunning views of the Pisgah Mountains, the property includes flat, buildable land outside the flood plain, ideal for expansion. Rents, unchanged for years, offer value-add potential through updates like modern appliances or landscaping. Brevard's proximity to Pisgah National Forest, DuPont State Forest, and events like the White Squirrel Festival make this a top investment opportunity. No showings without appointments; please don't disturb tenants.

Location

State NC

County Transylvania

Zoning GR4

Rooms

Basement Exterior Entry,Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access

Interior

Heating Central,Heat Pump

Cooling Central Air,Heat Pump

Fireplace false

Appliance Dishwasher,Disposal,Electric Oven,Electric Range,Refrigerator

Laundry Electric Dryer Hookup,In Unit,Washer Hookup

Exterior

Exterior Feature Storage

Community Features Street Lights

Utilities Available Cable Connected,Electricity Connected,Satellite Internet Available,Wired Internet Available

Waterfront Description None

View Winter,Year Round

Roof Type Shingle

Street Surface Concrete,Gravel,Paved

Garage false

Building

Lot Description Flood Fringe Area,Level,Open Lot,Pasture,Private,Rolling Slope,Creek/Stream,Wooded,Views

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Public

Structure Type Brick Full,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash,Conventional

Horse Property None

Listing Terms Cash,Conventional

Special Listing Condition None

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