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5111 Ponderosa Drive, Conover, NC 28613

For Sale

$3,499,000

40 beds • 10 baths • 16,120 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $217.06
    Price per square foot

  • 41-50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

Rental Income Investment Property on approximately 6.7 acres. 10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units. Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent. Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3) Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom. Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox. Outdoor security lights: 3 security lights and 1 motion light on maintenance building. Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building. Utilities provided by owner: water(well), sewer(septic), trash. Tenant responsibility: Power(Duke Energy), Internet, TV service. Washer/Dryer: hookups in each unit.
MLS# 4225366

Courtesy Of RE/MAX A-Team

(828) 324-8326

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Porch, Basement
  • Appliances
    Dishwasher, Refrigerator
  • Architecture Style
    Ranch
  • Floor Covering
    Vinyl, Carpet
  • Lot Size
    6.68 Acres
  • Rooms
    Laundry Room

Map and Directions

Directions to 5111 Ponderosa Drive, Conover, NC 28613

Home seller CENTURY 21 American Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 American Homes

(828) 568-2121
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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