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Listing provided courtesy of Elevate Land & Realty Banner ElkMLS# 259469MLS Provider
  • 177 days on site
  • 3 views

Well-positioned quad-plex in the heart of the High Country with ski slope views! This well maintained, multi-unit property offers four separate rental units with an unfinished heated and insulated basement that can be used for storage, or turned into two additional rentals. Property is located just minutes from Banner Elk’s restaurants, shopping, and outdoor recreation. Each unit offers its own separate entry making it great for short-term or long-term rentals. The building features charming mountain-style finishes, ample parking, and multiple decks to take in the scenic views, including a direct line of sight to the slopes. With close proximity to ski resorts, hiking trails, and year-round activities, this is a rare opportunity to own income-producing property in a high-demand area. Whether you’re expanding your investment portfolio or looking for a rare income-producing property in one of the High Country’s most desirable locations, this property is a must-see.

Source: High Country MLS, MLS#: 259469

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  • Property Type
    Residential Income
  • Lot
    0.29 acres

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Ivester Jackson Christie's

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  • Median Age
    42
  • Population Density
    111
  • College Educated
    50%
  • Estimated Median Income
    $53,018
  • Estimated Total Home Owners
    2,222
  • Estimated Total Renters
    805
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    7,325
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2730 Tynecastle Highway

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.