20 Cascade Street, Mars Hill, NC 28754 | 3661415 | Ivester Jackson Distinctive Properties

20 Cascade Street $910,000

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    20 Cascade Street Mars Hill, NC 28754

    • 4,536 sq. ft.
    • 0.04 Acres
    • Commercial
    • MLS# 3661415
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    Views: 15 Days On Site: 135

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    Property Details

    Description Tours Print

    Best Investment Opportunity right in the heart of Mars Hill to own already established, solid income producing bldg with 800+ sq ft commercial space and 5 apt rentals with constant waiting list since first offered 4 yrs ago. Owners have already done the hard work for you! Bldg gutted/renovated 4 yrs ago to offer Mars Hill University students 5 brand new, meticulously maintained apts each furnished with refrig, dining table/chairs, couch, desks, and beds in high demand located only steps to the University bldgs and classes where non-dorm student housing is extremely limited and hard to find. (2) 4BR/2BA, (2) 1BR/1BA studio share washer and dryer, and (1) 2BR/1BA w/ private washer and dryer. Commercial space is well maintained great spot for a business, burger/sandwich, coffee, ice cream, bakery shop, endless options. Pre-Qual required prior to showing w/24 hr notice w/listing agent. Submit attached signed COVID discl & wear mask.

    • General Features
      • Year Built 1974
      • New Construction Y/N false
    • Building Features
      • Building Area Total 4536
      • Cooling Central Air
      • Living Area 4536
      • Flooring Concrete, Vinyl
    • Property Features
      • Utilities Cable Available, City Sewer, City Water, Electricity Available

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    Neighborhood

    28754 (Mars Hill) Demographics

    38 Median Age
    106 Population Density (per sq. mile)
    42% College Educated
    $45,326 Estimated Median Income
    2,483 Estimated Total Home Owners
    773 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,185 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $250,000 Median Sales Price
    13 Homes Sold
    12 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $910,000
        9/11/2020 2:15:00 PM New in Database Source New Value: $910,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 1/24/2021 1:26:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.