About 3201 Old Buncombe Road
Rare investment opportunity near downtown and the Swamp Rabbit Trail! This multi-unit property features 3 rentable spaces—rent all three or live in one and offset your mortgage. The $2 Billion On the Trail GVL development is a couple of blocks down at 3335 Old Buncombe Road. Unit A (Main House Lower Level): 3 beds, 1 bath, updated a couple of years ago with quartz countertops, stainless appliances, built-in microwave, laminate flooring in kitchen, sunroom, bath, and laundry, refinished hardwood floors, and fresh interior paint. It has central HVAC, formal dining/living rooms, and rocking chair front porch. Sewer line replaced in 2021. A list of repairs for Unit A is in Associated Documents. Unit B (Attic Apartment): 1 bed, 1 bath, living/dining combo, updated a couple of years ago the kitchen with new cabinets and quartz countertops. This apartment has an office nook, two attic storage spaces, a clawfoot tub, stackable washer/dryer, and a mix of gas and electric heat with window units for A/C. Unit C (Garage Apartment at 2 Donnybrook): 1 bed, 1 bath, central air, gas heater, and a side deck perfect for entertaining. A list of repairs for Unit C is in Associated Documents. Each unit has separate electric and gas meters; one shared water meter. Ample Parking. Strong rental demand in this location makes it a smart buy for investors or owner-occupants. If square footage is important, buyers must verify.
