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    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)
    APN 369608892664000
    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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