198 Cowan Street

198 Cowan Street

Rutherfordton, NC 28139
$2,290,000

  • Bedrooms: 17
  • Bathrooms:
  • Lot Size: 15.49 Acres
Description

Brand new renovation project just off Main St in Rutherfordton. 17 new units are being finished up. Each are 1 bed/1 bath. The project has phase 2 and 3 that would allow you to build 24 more units. This is a fantastic opportunity to take on the new units and then move forward with the new construction on the 24 more. The grading is being finished and getting ready for paving. The price here includes the seller finishing out these 17 units. Just 2 blocks to downtown Rutherfordton. This will be a wonderful rental community when finished. So much opportunity here to build on. Talk to listing agent if you want to work on finishing the 17 units yourself as there would be a price reduction for that. Check out the survey showing all the acreage. On the survey it is everything with BCY, LLC and then the larger parcel showing James Bright Co, Inc. as well.

Property Summary
Property Type: Residential Income Property Subtype : Apartment
Year Built : 1984 Construction Type : Site Built
Lot Size : 15.49 Acres Living Area : 11,832 sqft
Property Features
  • Wooded
  • Other - See Remarks
Appliances
  • Refrigerator
More Information
  • Construction : Hardboard Siding, Other - See Remarks
  • Roof : Metal
  • Parking : Parking Lot
  • Heating : Ductless
  • Cooling : Ductless
  • Water Source : City
  • Road : Private Maintained Road
  • Listing Terms : Cash, Construction Perm Loan, Conventional

Based on information submitted to the MLS GRID as of 09-20-2024 14:30:07 UTC 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.

Listed By
House In Order, LLC
Aaron Kraft
828-545-9953
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