61 & 63 Riverside Villa DR, Maggie Valley, NC 28751

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Libby Allison

libbyallison1@gmail.com +1(704) 345-7757

$500,000

Est. payment - /mo

4 Beds

3 Baths

1,188 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,188 sqft

Price per Sqft $420

MLS Listing ID 4334573

Style Farmhouse

Bedrooms 4

Full Baths 2

Half Baths 2

Abv Grd Liv Area 1,188

Year Built 1984

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Property Description

Set along a quiet creek, this duplex offers a solid mix of privacy, income, and upside. It has a brand-new roof completed in July 2025 and sits on 0.20 acres in a peaceful, natural setting. Each side includes 2 bedrooms, 1 full bath, and 1 half bath. One side rents for $1,600 and the other for $1,700, resulting in a 7.2% cap rate. From January 1, 2021 through December 31, 2024, the property generated $81,965 in gross income, with the majority of that period operating with only one unit in use while the other side was a long term rental (not included in the $81,965 number). A great opportunity to own a quiet Creekside property that already performs and still has room to grow. (Water did not reach the building during Hurricane Helene) Short Term Rental

Location

State NC

County Haywood

Zoning MR-2

Interior

Heating Baseboard

Cooling Wall Unit(s)

Fireplaces Type Living Room

Fireplace true

Appliance Dishwasher, Oven, Refrigerator

Laundry In Kitchen, Laundry Closet

Exterior

Utilities Available Cable Available, Fiber Optics

Waterfront Description None

Roof Type Architectural Shingle

Street Surface Gated,Gravel,Paved

Porch Deck

Garage false

Building

Lot Description Creek Front

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Architectural Style Farmhouse

Structure Type Other - See Remarks

New Construction false

Schools

Elementary Schools Jonathan Valley

Middle Schools Waynesville

High Schools Tuscola

Others

Pets Allowed Yes

Senior Community false

Restrictions No Restrictions,Short Term Rental Allowed

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Subject to Lease

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Listed by Matthew Mubarak • EXP Realty LLC • 865-308-6190

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Libby Allison

+1(704) 345-7757

Agent | License ID: 303873

Agent License ID: 303873

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61 & 63 Riverside Villa DR Maggie Valley, NC 28751

Libby Allison

Key Details

Location

Interior

Exterior

Building

Schools

Others

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