1802 Forest Hill Place SW Lenoir, NC 28645
$499,900
Pending
10
6 full
Multi-Family
Pending
CAR3854762
6
6 unit turn key investment property in Lenoir. Located near HWY 321 off Southwest Loop. Includes 4 2 bedroom, 1 bathroom units upstairs and 2 1 bedroom, 1 bath units downstairs. New roof installed April 2022. HVAC units recently serviced. All tenants are on written, month to month leases, total rents $3600 per month plus additional $20-30 per unit per month for water and trash service. Tenants responsible for all utilities. Mowing service expense $100 per month. Storage area downstairs could be converted into additional studio apartment. Agent is owner. Showings available starting July 11. Please call with any questions.
Listing Brokerage Name
Five Stone Real Estate, LLC
Property Details
General
Type
- Multi-Family
Number of Units
- 6
Square Feet
- 5,630
Parking
- Parking Space - 4+
Year Built
- 1974
Acreage
- 0.49
List Date
- Jul 11, 2022
Tenant Responsibilities
- Cable TV
- Electric Heat
- Electricity
- Garbage Pick-up
- Interior Common Lights
- Water
- Other
- All Utilities
Schools
Elementary School
- Whitnel
Middle School
- Gamewell
High School
- West Caldwell
Interior
Sewer Type
- Public Sewer
Water Type
- Public
Heating
- Heat Pump
- Heat Pump
Laundry
- Main Level
Appliances
- Electric Cooktop
- Refrigerator
Exterior
Lot Dimensions
- 100 x 156 x 123 x 100
Map
Nearby Schools
School Districts
Public Schools
Community - Lenoir
Sale Price as (%) of Asking Price
Average Sale Price
New Listings
Average Days On Market
Data compiled from available Multiple Listing Service sources.
Lenoir
Nestled in the foothills of the Blue Ridge Mountains, sits the quiet mountain town of Lenoir, North Carolina, known for its vibrant economy and furniture production.
Real Estate in Lenoir
Lenoir, NC has a relatively low cost of living compared to the US average, with the median home price around $93,700. Despite the modest cost of living, home values in Lenoir are starting to steadily increase; in fact, home prices have appreciated 12.3% over the last year.
Lifestyle and Attractions
Furniture production put Lenoir, NC on the map decades ago, and still today remains one of the top drivers of tourism today. Each year, thousands flock to the town in search of brand name furniture like Bernhardt, Broyhill, Fairfield Chair, Hammary, Kincaid, and Thomasville at steep discounts. Furniture lovers are delighted to discover over 20 miles of furniture stores between Lenoir and Hickory, NC.
Outside of hunting for a bargain, residents and tourists can be found enjoying the summer months and taking in the town’s many events— from the Blackberry Festival to bluegrass jams, there’s no shortage of culture in Lenoir, NC.
Nearby Schools and Higher Education
Lenoir County Public Schools provide educational opportunities to over 8,700 k-12 students. LCPS offers a wide range of special programs and focuses on preparing students to enter the workforce after graduation or transition to an institution of higher education.
Lenoir, NC is close to 94 colleges in a 100 mile radius, affording opportunities for students with every interest and budget. Lenoir Rhyne University is very popular with Lenoir residents, as is Appalachian State University. For students eager to go a little farther from home, East Tennessee State University and Milligan College are about an hour from Lenoir.
History
The town of Lenoir, NC was founded in 1851 by German Migrants. Soon after the town’s establishment, the town’s first furniture factory was built, providing jobs and a bustling economy. Today, Lenoir and Hickory, NC are known as the furniture capital of the world— employing thousands and providing furniture to over 30 different countries.
Mortgage Calculator
Contact Allen Tate Mortgage today!
NMLS #1433719
877-201-4732
clientrelations.mortgage@allentate.com
Similar Properties
Properties within a 5 mile radius and similar in price (± 10%)
We're sorry, but no properties that meet this criteria are currently available.
Request More Info or Schedule a Showing
Data last updated: 08/13/22 5:57 PM.
Some properties that appear for sale on this website may subsequently have been sold and may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.
Based on information submitted to the MLS GRID as of 08/13/22 at 05:57:39 PM. Listings courtesy of Canopy MLS as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.