5111 Ponderosa DR Active Save Request In-Person Tour Request Virtual Tour
Conover,NC 28613
Key Details
Property Type Multi-Family
Sub Type Eightplex+
Listing Status Active
Purchase Type For Sale
Square Footage 16,120 sqft
Price per Sqft $217
Subdivision Ponderosa Village
MLS Listing ID 4225366
Style Ranch
Bedrooms 40
Full Baths 10
Year Built 1981
Lot Size 6.680 Acres
Property Sub-Type Eightplex+
Property Description
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.
Location
State NC
County Catawba
Zoning R-20
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Vinyl
Laundry Electric Dryer Hookup,In Unit,Main Level,Washer Hookup
Building
Lot Description Cleared,Green Area,Level,Open Lot,Rolling Slope
Dwelling Type Site Built
Foundation Basement,Slab
Sewer Septic Installed
Water Well
Structure Type Brick Partial,Vinyl
New Construction false
Schools
Elementary Schools Lyle Creek
Middle Schools River Bend
High Schools Bunker Hill
Others
Special Listing Condition None