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Investment Highlights

  • Fiber Optics.
  • 4 Units on the Main Level and 2 on the Lower Level.
  • Walk to downtown, restaurants, banks, post office, grocery store and churches.

Executive Summary

Prime Location – Strong Investment Opportunity
Six-unit apartment building with four main-level units and two lower-level units, each with a unique layout. Five units have electric baseboard heat; one has a heat pump. Town water/sewer. Currently four units rented, one owner-occupied, and one operating as an Airbnb.
Recent updates include new hot water heaters, new flooring, partial window replacements, and new siding on one side. Four units have in-unit laundry; Units 5 & 6 share a utility room. Fiber-optic internet available.
Walk to downtown, restaurants, grocery, bank, post office, and more. A solid income-producing property in a convenient location. Schedule a showing today.

Property Facts

Price $584,724 CAD
Price Per Unit $97,454 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 5,952 SF
No. Stories 2
Year Built 1973
Opportunity Zone Yes
Zoning TOWN

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Smoke Free
  • Fiber Optic Internet
  • Smoke Detector
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3070793331
Land Assessment
$44,439 CAD
Improvements Assessment
$292,499 CAD
Total Assessment
$336,938 CAD
  • Listing ID: 37460105

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 71 E Cheek St, Sparta, NC 28675

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