15 & 26 Rivermoor Drive
15 & 26 Rivermoor Drive
Brevard, NC 28712
$1,600,000
- Bedrooms:
- Bathrooms:
- Lot Size: 7.5 Acres
Description
Seize this rare multifamily investment in Brevard, NC, just 2 miles from downtown’s vibrant core! This well-maintained 10-unit apartment complex features 2 buildings, each with 5 units: 1 one-bedroom, 7 two-bedroom, and 2 three-bedroom units. City water and electricity are individually metered, with 2 septic tanks per building (4 total). All units are occupied by long-term tenants, ensuring stable income. Nestled among stunning views of the Pisgah Mountains, the property includes flat, buildable land outside the flood plain, ideal for expansion. Rents, unchanged for years, offer value-add potential through updates like modern appliances or landscaping. Brevard’s proximity to Pisgah National Forest, DuPont State Forest, and events like the White Squirrel Festival make this a top investment opportunity. No showings without appointments; please don’t disturb tenants.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Apartment |
| Year Built : | 1974 | Construction Type : | Site Built |
| Lot Size : | 7.5 Acres | Living Area : | 11,929 sqft |
Property Features
- Flood Fringe Area
- Level
- Open Lot
- Pasture
- Private
- Rolling Slope
- Creek/Stream
- Wooded
- Views
Views
- Winter
- Year Round
Appliances
- Dishwasher
- Disposal
- Electric Oven
- Electric Range
- Refrigerator
More Information
- Construction : Brick Full, Vinyl
- Roof : Shingle
- Parking : Detached Carport, Circular Driveway, Parking Lot, Parking Space(s), Shared Driveway
- Heating : Central, Heat Pump
- Cooling : Central Air, Heat Pump
- Water Source : Public
- Road : Publicly Maintained Road, Private Maintained Road
- Listing Terms : Cash, Conventional
Based on information submitted to the MLS GRID as of 05-31-2025 01:03:05 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.