5917 N Hwy 7

Property details

Price

$350,000

Beds

9

Baths

5 full

Square feet

3,186

Lot size

1.41 acres

Year built

1989

Type

Residential

Status

Active

Days on market

188

Subdivision

n/a

County

Boone

MLS number

1345128

About this property

Excellent investment opportunity! 1.41 m/l acres in between Harrison and Bergman. This fully occupied 5-unit building offers immediate income with a strong rental history and consistent demand. Types of units: (2) 1 BR/1BA units, (2) 2 BR/2BA units and (1) 3BR/1 BA unit. Conveniently located just off Hwy 7, tenants enjoy easy access to town, making it an attractive and stable rental location. The property has been well maintained and is turnkey. With all units currently leased, investors can step in and start generating income from day one. Originally purchased as a long-term hold, the owners have since chosen to shift their investment strategy—creating an opportunity for the next owner to take advantage of a proven, income-producing property. Whether you're expanding your portfolio or stepping into multi-family investing, this one checks the boxes for location, stability, and return and even possible expansion with the 1.41 m/l acre lot.

Location

Features

Appliances

Electric range, Electric water heater, Tankless water heater

Flooring

Laminate, Simulated wood, Vinyl

Lot features

Cleared

Utilities

Electricity available, Natural gas available, Septic available, Water available

Roof

Metal