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Property profile & analytics
OFF-MARKET
Residential income homes

6860 Shade Tree Ln Sherrills Ford, NC 28673

2,676 SF 0.46 ac lot Built 1991
Property ID
US53-2253108
Property summary
AI-generated overview

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

Property profile
Verified
Property type Residential income homes
Year built 1991
Total area 2,676 SF
Lot 0.46 ac (20,038 SF)
UPID US53-2253108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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