Address
1001 Golf Course Road, Old Fort, NC
Price
$ 499,000
Property Attributes
  • ID#4053271
  • TypeMulti-Family
  • CountyMCDOWELL
  • CityOld Fort
  • AreaMcDowell County
  • Zip28762
  • Style
  • Price$ 499,000
  • Bedrooms2
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5223
  • Lot Size1.55 Acres
Data Source:
Canopy MLS
Property Description

This multi-unit property represents an outstanding investment opportunity with the flexibility to generate rental income through various avenues. Three structures offer endless opportunities. Primary structure offers rental units, bonus rooms and office spaces, a commercial kitchen, and a dining area previously used as a “bar and grill” for a golf course. The secondary structure provides the best of both worlds. Its lower-level garage offers secure parking for tenants, while the loft apartment on the upper level can be rented out separately, maximizing rental income. The tertiary structure, formerly designated for golf cart parking, offers great potential for storage rental. Residents and businesses often seek additional storage space, making this an attractive and profitable option. Its prime location, ample parking, and three structures with electricity provide an excellent foundation for any aspiring investor or creative mind. Co-listing agent related to seller

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
7/31/2023 Listed $499,000

General Features

Appliances Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
Car Hoasubjectto None
City Old Fort
Construction Materials Brick Full
Construction Type Site Built
Cooling Central Air
County McDowell
Directions I40 W to Exit 73. Take a right off exit. Turn left onto Old Fort Sugar Hill Rd. After approximately 1.5 miles turn left onto Golf Course Rd Follow down to curve and 1001 is on the Left. Sign at prope
Elementary School Unspecified
Elevation 2000
Heating Oil
High School Unspecified
Middle/Junior High School Unspecified
New Construction No
Pets Allowed Yes
Property SubType Duplex
Property Type Residential Income
Restrictions Other - See Remarks
Roof Other - See Remarks
Sewer Septic Installed
Standard Status Active
Street Name Golf Course
Subdivision Name None
Tax Assessed Value 331150
Tenant Pays None
Total Units 2
Virtual Tour https://tours.ryantheedephotography.com/2157338?idx=1
Virtual Tour https://tours.ryantheedephotography.com/2157338
Waterfront Features None
Year Built 1961
Zoning OU

Interior Features

Below Grade Finished Area 2198
Fireplace Y/N No
Flooring Wood
Full Baths 4
Laundry Features In Unit, Inside
Number Of Completed Units Total 2
Street Suffix Road
Total Bedrooms 2

Exterior Features

Living Area 5223
Building Area Total 5223
Foundation Details Slab
Lot Features Level, Rolling Slope
Lot Size Area 1.55
Lot Size Units Acres
Main Level Garage YN No
Parking Features Parking Lot, Parking Space(s)
Road Responsibility Publicly Maintained Road
Road Surface Type Asphalt, Paved
Water Source Shared Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28762

Price
AVG $450K
$500K
Visits
AVG 93
178
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1961

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