15 & 26 Rivermoor Drive

 
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Acreage: 7.50

Community: Brevard in Transylvania County

Acreage: 7.50

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Seize this rare multifamily investment in Brevard, NC, just 2 miles from downtown’s vibrant core! This well-maintained 10-unit apartment complex features 2 buildings, each with 5 units: 1 one-bedroom, 7 two-bedroom, and 2 three-bedroom units. City water and electricity are individually metered, with 2 septic tanks per building (4 total). All units are occupied by long-term tenants, ensuring stable income. Nestled among stunning views of the Pisgah Mountains, the property includes flat, buildable land outside the flood plain, ideal for expansion. Rents, unchanged for years, offer value-add potential through updates like modern appliances or landscaping. Brevard’s proximity to Pisgah National Forest, DuPont State Forest, and events like the White Squirrel Festival make this a top investment opportunity. No showings without appointments; please don’t disturb tenants.

Listed by Keller Williams Professionals
Attribution: [email protected]
Original Listing Price: 1,750,000
MLS #: ‍4230457
Listing Status: Active
Days on Market: 91
Buying Firm Commission: Test

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Directions: From downtown Brevard, take S Broad Street. Veer left on Country Club Dr. Pass Brevard Racquet Club on your left, and the property will be on your left.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

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Property Features

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Year Built: 1974
Water: Public
Roof: Shingle
Exterior Features: Storage
Basement/Foundation: Crawl Space
Community Features: Street Lights
Sewer: Septic Installed
Heating/Cooling: Central,Heat Pump
Cooling: Central Air,Heat Pump
Garage/Carport: Detached Carport,Circular Driveway,Parking Lot,Parking Space(s),Shared Driveway
Lot Description: Flood Fringe Area,Level,Open Lot,Pasture,Private,Rolling Slope,Creek/Stream,Wooded,Views

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