Category
Price
Min Price
Max Price
Beds
Baths
SqFt
Acres
You must be signed into an account to save your search.
Already Have One? Sign In Now
253046 Days on Market: 3
0
Baths
1.250
Acres
$2,000,000
For Sale
Minutes from downtown Boone and the campuses of App State and CCC&TI, these (2) side by side duplexes offer a total of 16 beds and 8 baths with 4 bedrooms/ 2 baths in each unit. Leases are currently renewing reflecting rent revenues of $153,600 annually, providing a 7.7% gross rent ROI for the Aug. '25 - July '26 lease term. With a new roof and recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $144,000, increasing to $153,600 for Aug '25 - July '26. Tenants are responsible for electric and cable/internet with trash included in rent. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Total square footage represented is from appraiser measurements provided by the seller.
Listing ID:
253046
Property Type:
Duplex
Year Built:
1989
Acres:
1.250
Map
Latitude: 36.212872 Longitude: -81.626634
Location & Neighborhood
City: Boone
County: Watauga
Area: 1-Boone, Brushy Fork, New River
Subdivision: Valley View
Environment
Utilities & Features
Heat: Baseboard, Electric
Sewer: Septic Permit Unavailable
Utilities: High Speed Internet Available
Interior
Exterior
Style: Traditional
Construction
Construction: Wood Siding, Wood Frame
Roof: Asphalt, Shingle
Financial
Property Taxes: $2,080
Other
Price Per Sqft: N/A
Price Per Acre: $1,600,000
The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.
Our agents will walk you through a home on their mobile device. Enter your details to setup an appointment.