For Sale
$485,000

71 Cheek St Sparta, NC 28675

Six-Unit Apartment Building, Prime Location

Overview

Added:
Feb 3
Days on market:
73
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.

Property Details for 71 Cheek St

Property type
Commercial real estate
Square Feet
5,952 SF
Year Built
1973
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Sparta
County
Alleghany
State
North Carolina
Latitude
36.50488
Longitude
-81.11845
71 Cheek St, Sparta, North Carolina

FAQs

What type of property is this?
Commercial real estate - Six-Unit Apartment Building, Prime Location
Where is the commercial real estate located?
The property is located at 71 Cheek St Sparta, NC.
What is the asking price?
The asking price for this property is $485,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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71 Cheek St
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