$10,000
closing credit¹
114,111,126 Farmside Drive Forest City, NC 28043
Property details
About 114,111,126 Farmside Drive
14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
Highlights
Summary
- MLS Number: 4149916
- Office Name: Odean Keever & Associates, Inc.
- Office Email: barbkeever@gmail.com
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$1,580,000
114,111,126 Farmside Drive
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Spindale Elementary School
Public District PK-5
2.6 mi
•161 N Oak St
8
Forest City-Dunbar Elementary School
Public District PK-5
3.0 mi
•286 Learning Pkwy
6
Rutherfordton Elementary School
Public District PK-5
3.0 mi
•201 Bob Hardin Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,781. Residents of Forest City, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Monster Trucks
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 114,111,126 Farmside Drive
This home is located at 114,111,126 Farmside Drive in Forest City, NC and zip code 28043. This 10,910 square foot home was built in 1980. Features: 22 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $1,580,000.
Forest City, NC housing market in January 2025 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 7 sold below. Between December and January 2025, Forest City, NC real estate market has seen increase in the number of listings by 11.1%. In January 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $229,000.