5111 Ponderosa Drive Conover, NC 28613
Multi-Family (2-4 Units)
MLS #: 4225366
Courtesy Of RE/MAX A-Team
$3,499,000
40 beds
|
10 baths
|
16,120 sq ft
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Estimated monthly payments:
$15,295/mo.* (recalculate)
Property InformationDescription
Rental Income Investment Property on approximately 6.7 acres.
10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units.
Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent.
Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3)
Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom.
Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox.
Outdoor security lights: 3 security lights and 1 motion light on maintenance building.
Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building.
Utilities provided by owner: water(well), sewer(septic), trash.
Tenant responsibility: Power(Duke Energy), Internet, TV service.
Washer/Dryer: hookups in each unit.
10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units.
Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent.
Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3)
Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom.
Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox.
Outdoor security lights: 3 security lights and 1 motion light on maintenance building.
Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building.
Utilities provided by owner: water(well), sewer(septic), trash.
Tenant responsibility: Power(Duke Energy), Internet, TV service.
Washer/Dryer: hookups in each unit.
Features
- Age: 41-50 Years Old
- Appliances: Dishwasher, Range, Refrigerator, Washer
- Architecture Style: Ranch
- Exterior Type: Brick
- Floor Covering: Carpet, Vinyl
- Lot Size: 6.68 Acres
- Rooms: Basement
MAP & DIRECTIONS
School Information
5111 Ponderosa Drive, Conover, NC 28613
Elementary School
Grades KG-6 |
Public School
LYLE CREEK ELEMENTARY SCHOOL
Conover, NC 28613
1845 Edgewater Dr NW
828.464.0299
Distance: 3.1 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
478
Middle School
Grades 7-8 |
Public School
RIVER BEND MIDDLE SCHOOL
Claremont, NC 28610
4670 Oxford School Rd
828.241.2754
Distance: 7.4 mi
School Rating
C
Student:Teacher Ratio
18:1
Total Students
491
High School
Grades 9-12 |
Public School
BUNKER HILL HIGH SCHOOL
Claremont, NC 28610
4675 Oxford School Rd
828.241.3355
Distance: 7.2 mi
School Rating
C
Student:Teacher Ratio
17:1
Total Students
847
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Arndt Middle School | 1.2 mi | Public | 7-8 | C- |
| St. Stephens High School | 1.3 mi | Public | 9-12 | C- |
| Snow Creek Elementary School | 1.3 mi | Public | KG-6 | B- |
| Clyde Campbell Elementary School | 2.3 mi | Public | KG-6 | B+ |
| Webb A. Murray Elementary School | 2.4 mi | Public | KG-6 | B- |
| St Stephen Lutheran School | 3.2 mi | Private | PK-8 | |
| Newton-conover Middle School | 3.2 mi | Public | 6-8 | C+ |
| St. Stephens Elementary School | 3.2 mi | Public | KG-6 | D |
| Tabernacle Christian School | 3.5 mi | Private | KG-12 | |
| Wittenburg Elementary School | 3.7 mi | Public | PK-5 | C |
| Nc Boys Academy | 4.0 mi | Private | 7-12 | |
| Jenkins Elementary School | 4.2 mi | Public | KG-5 | C+ |
| Northview Middle School | 4.4 mi | Public | 6-8 | C- |
| Shuford Elementary School | 4.5 mi | Public | KG-5 | B- |
| Hickory High School | 5.1 mi | Public | 9-12 | C- |
| Concordia Christian Day School | 5.2 mi | Private | PK-8 | |
| University Christian High School | 5.2 mi | Private | 9-12 | |
| Hickory Career Arts Magnet High School | 5.2 mi | Public | 6-12 | B |
| Cornerstone Christian Academy | 5.6 mi | Private | 2-12 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Conover, NC 28613
| Median Age: | 40.8 |
|---|---|
| Married: | 46% |
| Number of Households: | 9,596 |
| Households with Children: | 36.9% |
Conover, NC 28613
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
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Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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