71 E Cheek St Sparta, NC 28675

0.33 ac lot Built 1973

Individually Owned 8-yr Hold Free & Clear

Property ID

US53-4350597

$425,000

71 E Cheek St, Sparta, NC 28675
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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.