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$1,100,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
15 |
10.0 |
9,000 |
$419 |
1938 |
On the market:
76 days
|
View full details, 15 photos, school info, and price history
Welcome to Epworth General Store Lofts, a premium residential community located in the vibrant heart of Epworth. This beautifully renovated apartment complex features a total of 15 bedrooms and 10 full bathrooms & offers a perfect blend of modern amenities, classic charm, and a piece of history ideal for investors seeking to expand or create their portfolio with this unique property with strong rental potential and historical significance. Originally built in 1938 as the Epworth General Store, this historic landmark was completely renovated in 2023 and converted into five spacious luxury residential lofts, blending modern & industrial design with a trendy aesthetic and high-end finished throughout. Old meets new as the owner chose to preserve many key elements such as the original pine staircases, wainscoting, exposed brick walls and structural exposed beams. The recently renovated modern kitchens featuring granite countertops, stainless steel appliances, and sleek cabinetry. The spacious layouts provide ample natural light, high ceilings and handsome hardwood floors throughout. The tenants love the lifestyle that the apartment complex brings making it a profitable investment. All units have central heating and air, ample parking, new electrical wiring with new panels for each unit, new paved parking lot with ample parking spaces, new plumbing, new HVAC, new flooring and new windows plus many more updates and upgrades. The investment potential possibilities are endless with consistently high occupancy rate due to desirable location and amenities, strong rental demand with competitive rental rates & low maintenance costs due to recent renovations and modern construction- well-suited for VRBO or Airbnb, both short-term and longer rentals. The location is ideal and centrally located within five minutes from downtown McCaysville and ten minutes from Blue Ridge both offering restaurants and cafes galore. There's so much to do close by from visiting the nearby lakes, hiking trails, viewing waterfalls, local winerys and vineyards, visiting museums, parks and theaters. The apartment complex is located near hospitals, medical centers and top rated schools ensuring a heightened need for housing. Don't miss the opportunity to become part of the Epworth community and own a piece of history. This complex will be an investment that you are happy to own. The property is on septic with sewage pump to the city of McCaysville- all units are individually metered and watered.
Listing courtesy of Mandy Parker & Wilfredo Barrera, Keller Williams Realty Signature Partners & Keller Williams Realty Signature Partners