144 Nottingham Dr Forest City, NC 28043

This exceptional multifamily investment opportunity encompasses two properties located at 144 Nottingham Dr. and 110 Evergreen Ln. in Forest City, North Carolina. The combined offering includes nine units, totaling 6,883 square feet, situated on a generous 2.76-acre lot. The property features two buildings constructed in 1968 and is zoned for commercial use. The asking price is $875,000, representing a price per unit of $97,222.22 and a price per square foot of $127.12. Two units in each building have undergone partial renovations, presenting a significant value-add potential. Five units are currently rented month-to-month, facilitating a smooth transition for renovations. The remaining units are under yearly leases. An additional parcel offers expansion or new construction possibilities. Prospective buyers are responsible for verifying all unit conditions, mechanical details, and other pertinent information before closing. The properties are conveniently located in Rutherford County, NC, with the address 144 Nottingham Dr., Forest City, NC 28043. This is a prime opportunity for investors seeking to capitalize on rental growth through renovations and strategic property management. The APN numbers are 426447, 1200691, 1200692, and 426446.