309 Sourwood Road Unit #3, Black Mountain, NC 28711

$250,000
3
BD
2
BA

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Listing courtesy of LPT Realty, LLC. rnjohnsonrealestate@gmail.com

List Price
$250,000
Status
ACTIVE UNDER CONTRACT
MLS#
4404926
Bedrooms
3
Bathrooms
2
Full-baths
2
Lot Size
8,712
Subdivision
Christmont
Neighborhood
Christmont
Year Built
1963
Acres
0.20

Property Description

Bring your vision and a comprehensive renovation plan to this character-rich 1963 property in Black Mountain’s Christmount community. Architectural highlights include dramatic vaulted exposed-wood ceilings, hardwood flooring, wood-paneled accents, a brick fireplace and a wooded setting. One full bath, which features a newer vanity and enclosed tub/shower. The property requires substantial rehabilitation and does not currently have a qualifying permanently installed heat source; no heated living area is represented. This is an Investor Special and will only qualify for hard money loan or cash purchase. Home needs significant rehab but has ample potential for return on investment if issues are addressed, sqft is increased and layout improved. The basement could easily be finished adding two more bedrooms/bonus rooms, an additional bathroom, and full laundry area. There is also potential to extend to main floor out over the garage, adding 600-800 sqft more of HLA in place of the existing deck, but would need to have an engineer approve plans. Known conditions include roof leakage, an unsafe deck, significant basement moisture intrusion and visible mold-like/microbial growth requiring professional evaluation, remediation and correction of the underlying moisture source. Subject to Christmount POA governing documents, private-road provisions and architectural approval requirements. Buyer must independently verify measurements, room designations, systems, permits, condition, restrictions, intended use and renovation feasibility. Currently tenant occupied, showing by appointment only. Do not disturb current tenants without a scheduled showing.

Additional Information

Style
Bungalow
Foundation
Basement, Crawl Space
Exterior Finish
Wood
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Parking
Basement, Driveway, Attached Garage
Special Conditions
In Foreclosure, Subject to Lease
Garage Spaces
1
Lot Description
Wooded
Water
Other - See Remarks
Basement
Yes
Construction
Site Built
Fireplace
Yes
Roof
Architectural Shingle
Heating
None

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