198 Cowan Street

Rutherfordton, NC 28139

About this property

Brand new renovation project just off Main St in Rutherfordton. 17 new units are being finished up. Each are 1 bed/1 bath. The project has phase 2 and 3 that would allow you to build 24 more units. This is a fantastic opportunity to take on the new units and then move forward with the new construction on the 24 more. The grading is being finished and getting ready for paving. The price here includes the seller finishing out these 17 units. Just 2 blocks to downtown Rutherfordton. This will be a wonderful rental community when finished. So much opportunity here to build on. Talk to listing agent if you want to work on finishing the 17 units yourself as there would be a price reduction for that. Check out the survey showing all the acreage. On the survey it is everything with BCY, LLC and then the larger parcel showing James Bright Co, Inc. as well.

About this property

Brand new renovation project just off Main St in Rutherfordton. 17 new units are being finished up. Each are 1 bed/1 bath. The project has phase 2 and 3 that would allow you to build 24 more units. This is a fantastic opportunity to take on the new units and then move forward with the new construction on the 24 more. The grading is being finished and getting ready for paving. The price here includes the seller finishing out these 17 units. Just 2 blocks to downtown Rutherfordton. This will be a wonderful rental community when finished. So much opportunity here to build on. Talk to listing agent if you want to work on finishing the 17 units yourself as there would be a price reduction for that. Check out the survey showing all the acreage. On the survey it is everything with BCY, LLC and then the larger parcel showing James Bright Co, Inc. as well.

Features and Additional Information

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$2,290,000 Active
11,832 SQFT

Presented By TLCox and Company

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Get in touch today! Phone: 1-864-627-3110
Brokerage
House In Order, LLC
1-828-484-1571
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Area Information

Rutherford | Rutherford County |

$ 2,290,000
This listing is play_arrow 472.5% higher than the average in the area
$ 400,000 in the area
11,832 SqFt
This listing is play_arrow 995.6% larger than the average in the area
1,080 SqFt in the area
$ 194 $/SqFt
This listing is play_arrow 47.7% less than the average in the area
$ 370 $/SqFt in the area
140 days on site
This listing is play_arrow 21.8% below the average in the area
179 days on site in the area

Schools in the Area

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    Elementary School
    Unspecified
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    Middle School
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    High School
    Unspecified
Listed By Aaron Kraft
Brokerage: House In Order, LLC

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