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$1,390,000
-- Bed
-- Bath
4,130sqft
573 & 591 Margo Rd, Boone, NC 28607
$1,390,000
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Multi Family
Built in 1989
$-- HOA
1.25 acres lot
$337/sq.ft
Description
9% CAP RATE - TWO DUPLEXES, 4 TOTAL UNITS, 16 TENANTS WITH THEIR OWN PRIVATE ROOM / 8 BATHS - WITH
PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Current leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $148,800 for the Aug '25 - July '26...
- Houzeo last checked: 54 Minutes ago
- Listing updated: December 17, 2025 at 10:03 am
- Listing Provided by: Page Sauder (828) 265-9593 | Page Sauder (828) 265-9593
- Source: Canopy MLS | MLS#: 4329933
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1989
HOA Fees
-
Finished Area
4,130 sqft
Lot Size
1.25 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4329933
MLS Status
Active
Days on Market
5
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