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71 Cheek St Sparta, NC 28675

Sponsored
For Sale
$485,000

Six-Unit Apartment Building, Prime Location

Property size:
5,952 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional six-unit apartment building presents a compelling investment opportunity in the heart of Sparta, NC. Located at 71 E Cheek Street, this property boasts 5,952 square feet on a 0.33-acre lot within the town limits, ensuring convenient access to municipal water and sewer services. The building comprises four main-level units and two lower-level units, all with similar square footage but unique layouts. Five units are equipped with electric baseboard heating, while one features a heat pump. Recent upgrades include new hot water heaters and flooring throughout. Four units offer in-unit washer/dryer hookups, while units five and six share a common utility room. Approximately half of the windows have been recently replaced, and one side of the building showcases new siding. The property benefits from high-speed fiber optic internet access. Currently, four units are rented, one is owner-occupied, and one operates as an Airbnb. Its central location provides easy walking access to downtown Sparta, restaurants, banking services, the post office, a grocery store, and places of worship. This property offers a blend of immediate income generation and significant long-term potential, making it an ideal addition to any investment portfolio. The asking price is $485,000.

Property Features for 71 Cheek St

General Information

Property type
Other commercial real estate
Square Feet
5,952 SF
Lot Size
14,375 SF

Building Details

Year Built
1973

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sparta
County
Alleghany
State
North Carolina
Longitude
-81.11845
Latitude
36.50488

FAQs

What type of property is this?
Commercial real estate - Six-Unit Apartment Building, Prime Location
Where is this commercial real estate located?
The property is located at 71 Cheek St Sparta, NC.
What is the asking price?
The asking price for this property is $485,000.
More about this property
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