165 Jones Cove Road, Clyde, NC 28721
- $395,000
- Sold Price
- $395,000
- List Price
- $599,900
- Status
- CLOSED
- MLS#
- 4283273
- Parcel Size
- 0.87
- Year Built
- 1992
- Days on Market
- 118
Property Description
Rare income-producing opportunity in Clyde! This 2-story,12-unit brick apartment building (8 1-bedroom, 4 2-bedroom) offers immediate cash flow with only 2 vacant units, and under-market rents at $650/month—ideal for value-add investors. Built in 1992, the structure is in fair to good condition and sits on a .86-acre parcel. Also included is a 20-unit self-storage facility (10x10s and 10x20s) that is currently unused by the public and is ready to be leased for additional income. Located just minutes from Waynesville and I-40, this property combines multifamily stability with untapped storage potential. Priced to perform at market cap rates! The property is being sold as is.
Additional Information
- County
- Haywood
- Restrictions
- No Restrictions
- Exterior Finish
- Brick Full
- Sewer/Septic
- Public Sewer
- Heating
- Electric
- Roof
- Composition, Metal
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Listing courtesy of Better Homes and Gardens Real Estate Heritage. MRE@BHGHeritage.com
Selling Office: Allen Tate/Beverly-Hanks Fletcher.“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”