319 Willow Run Drive

Forest City, NC 28043

$1,150,000
Price
17
Beds
9
Baths
7,577 Sq. Ft.
$152 / Sq. Ft.
7,577
Sq. Ft.
$152
per Sq. Ft.

Description

Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units. MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units...Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units. MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units and breezeway required by county. With the lack of rental units available in Forest City, these high end units are IN DEMAND. As of May 1st, units will be 100% OCCUPIED. See rent roll attached in MLS. Cap rate is indexed at 9.5% at full occupancy

Schedule your tour beginning March 8th. Agents see remarks for disclosures.
  1. Listed by Juan Rivera • Rivera • Juan@Rivera-Realty.net

Property Details for 319 Willow Run Drive

Architectural Style
Traditional
Waterfront Features
None
Parking Features
On Street, Parking Lot, Parking Space(s)

Location

Listing Courtesy of Rivera
Add your commute
LISTING UPDATED: 04/22/2024 03:06 PM

Property Details for 319 Willow Run Drive

StatusActive
MLS #4115918
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1971
Lot Size0.88 AC / 38,332 SF
CountyRutherford County

Location

Listing Courtesy of Rivera
Add your commute

Building Information for 319 Willow Run Drive

Stories-Residences-Year Built1971Building Size-Lot Size0.88 AC / 38,332 SF

Payment Calculator

$6,381 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$105

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319 Willow Run Drive

Summary
Location and General Information
  • Longitude: -81.86071929
  • Zoning: R8
  • Latitude: 35.32130647
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $140,500.00
  • Parcel Number: 419295
  • City Taxes Paid To: Forest City
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Above Grade Finished Area: 7577.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Cleared, Level, Open Lot, Paved, Private
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: No
  • Photos Count: 48
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
Green Features
  • Green Verification Count: 1
Utilities
  • Sewer: County Sewer
  • Water Source: County Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full, Vinyl
  • Road Surface Type: Concrete, Gravel
Interior Features
  • Appliances: Bar Fridge, Electric Range, Electric Water Heater
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Unit
  • Foundation Details: Crawl Space
  • Basement: No
  • Basement: Other
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Call

Property History for 319 Willow Run Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 319 Willow Run Drive

Taxable ValueLand$28,800Additions$161,200Total$190,000
Tax Record2021$1,264 ($105 / month)
Home Facts
Baths9Total Finished SqFt195 SqFtAbove Grade Finished SqFt195 SqFtStories1Lot Size38,333 SqFtStyleMiscellaneous CommercialYear Built1971ZoningR8CountyRUTHERFORDAPN419295Fireplace TypeHas Fireplace

Schools near 319 Willow Run Drive

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Forest City-Dunbar Elementary School
PublicPK to 5

East Rutherford Middle School
Public6 to 8

East Rutherford High School
Public9 to 12

Rutherford Opportunity Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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319 Willow Run Drive is a multi-family home for sale in Forest City, NC 28043. This property was listed for sale on March 8, 2024 by Rivera, it's currently listed at $1,150,000. It has been on the market for a total of 66 days and was last sold on March 19, 2021. This listing's school district is Rutherford County School District. Nearby schools include Forest City-Dunbar Elementary School, East Rutherford Middle School and East Rutherford High School. 319 Willow Run Drive is a 17-bed, 9-bath, 7,577 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rivera

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.