1175 Bamboo Road Unit 1,2,3 & 4, Boone, NC 28607
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.18
- Year built
- 1969
Utilities
- Heating
- Ductless
- Cooling
- Ductless
- Sewer
- Shared septic
- Water
- Shared well
Taxes
- Tax Annual Amount
- $578
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: High Country MLS MLS®#: 257731 Last checked: …
