6860 Shade Tree Ln, Sherrills Ford, NC 28673
This exceptional waterfront property in Sherrills Ford, NC, presents a unique investment opportunity. Located at 6860 Shade Tree Ln, this two-unit duplex boasts 2,676 square feet of net rentable space, situated on a 0.46-acre lot. Built in 1991, the property features a desirable two-story layout with four parking spaces. The upper unit offers two bedrooms, while the lower unit provides three bedrooms, plus an unfinished basement area. Each unit has its own electric meter, maximizing rental income potential. The property's prime location includes a private boat ramp, floating covered dock, and pier, adding significant value and appeal. Currently leased as two separate units, this property offers immediate cash flow. The spacious layout also allows for conversion into a single-family residence, offering flexibility for future use. With no HOA fees, this property presents a rare combination of waterfront living, rental income, and potential for future development. The property is zoned HC and has a Catawba County APN of 369608892664000. The asking price is $850,000, or $425,000 per unit, with a price per square foot of $317.64. Serious inquiries only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.