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468 Deer Park Lake Road, Spruce Pine, 28777

Price: $ 375,000
Taxes: $ 0
Bed/Bath: 6/5
Sq. Ft.: 5994
Lot Size: 6.63
Subdivision: None
County: Mitchell
 
Listing Agency: Foxfire Real Estate, LLC
Listing Agent: Peter Franklin
Agent Phone:
 
Property Description
A jewel of an opportunity in the midst of a housing crunch! Large ranch style home converted into apartments with two mobile home sites in place (one occupied) and room to expand this income producing property. Located just outside of the city limits of Spruce Pine and central to everything. This wooded and private lot features mountain views and incredible potential for value-add. Convert it back to a large family compound, or expand your rental empire! City water, perfect location, inexpensive taxes, and a new roof as of 2017. 1 car garage in basement, and 2 car carport on upper level. 3 min. to downtown Spruce Pine, 50 min. to Asheville or Johnson City, TN, 30 min. to Lake James or I-40, and 2 hrs. from Charlotte.
 
Features