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9% CAP RATE - TWO DUPLEXES, 4 TOTAL UNITS, 16 TENANTS WITH THEIR OWN PRIVATE ROOM / 8 BATHS - WITH PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Current leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $148,800 for the Aug '25 - J...uly '26 lease term. Tenants are responsible for all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary slightly. Total square footage represented is from appraiser measurements provided by the seller.

High Country MLS, MLS#: 259369
Listed By: Page Sauder Properties, Page Sauder
Sold By: Keller Williams High Country, David Davis

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Architectural Style

  • Traditional

Construction Materials

  • Wood Siding
  • Wood Frame

Exterior Features

  • Other
  • See Remarks

Heating

  • Baseboard
  • Electric

Road Responsibility

  • Public Maintained Road

Road Surface Type

  • Paved

Roof

  • Asphalt
  • Shingle

Sewer

  • Other
  • See Remarks

Utilities

  • Separate Meters
  • High Speed Internet Available

WaterSource

  • Community Coop

Rooms

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Listed By:
Page Sauder Properties
Page Sauder

Sold By:
Keller Williams High Country
David Davis

Data Source: High Country MLS

MLS#: 259369

Data Source Copyright: © 2026 High Country MLS All rights reserved.

© 2026 High Country Association of REALTORS®. All Rights Reserved

This property was listed on 12/15/2025 and last updated as of 2/25/2026 5:36:47 PM. OSI IDX updated the data from High Country MLS on 11/6/2026 at 11:25 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.