144 Nottingham Drive

Forest City, NC 28043

$875,000
Price
18
Beds
9
Baths
6,883 Sq. Ft.
$127 / Sq. Ft.
6,883
Sq. Ft.
$127
per Sq. Ft.
a view of a house with a yard
a front view of a house with garden
an aerial view of ocean with residential houses with outdoor space and trees
a view of a back yard from a balcony
a front view of a house with yard and trees
a view of a house with a yard
a view of a house with a yard
a backyard of a house with lots of green space
a view of a house with a yard
a view of a swimming pool with lawn chairs under an umbrella
a view of pool with green space
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a view of a swimming pool with an outdoor seating and a yard
a view of a field with an ocean
a view of a big yard with table and chairs under an umbrella
front view of house with deck
a front view of a house with garden
a backyard of a house with lots of green space
a front view of a house with a yard
a view of a outdoor space with a swimming pool
a swimming pool with outdoor seating and yard
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a kitchen with a stove a sink and a refrigerator
a bathroom with a sink a toilet and a mirror
a living room with hard wood floors and a table
a living room with furniture a ceiling fan a rug and a window
a bedroom with furniture and a window
a living room with furniture a rug and a window
a view of a house with backyard and trees
a front view of a house with a yard
a front view of a house with a yard
a backyard of a house with lots of green space
a view of a barn with a yard
a front view of a house with garden
a view of a swimming pool with a patio
a kitchen with granite countertop white cabinets and white appliances
a white refrigerator freezer sitting in a kitchen
a workspace with furniture and a window
a living room with furniture and a potted plant
a bathroom with a sink a toilet and a bathtub
an empty room with closet
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a bathroom with a sink toilet and shower
an aerial view of a house with outdoor space swimming pool and trees
an aerial view of a house with a garden and a yard
a front view of house with yard and green space
a view of a swimming pool with a yard
a view of a house with pool and a yard

Description

A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated...A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.
  1. Listed by Jim Davis • NAI Allen Tate Beverly-Hanks Commercial • jdavis@naibeverly-hanks.com
  2. Listed by Patrick Johnson • NAI Allen Tate Beverly-Hanks Commercial

Property Details for 144 Nottingham Drive

Parking Features
Circular Driveway, Parking Space(s)
Subdivision Name
Sherwood Forest
LISTING UPDATED: 07/09/2024 10:24 AM

Property Details for 144 Nottingham Drive

StatusActive
MLS #4158718
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1968
Lot Size2.76 AC / 120,225 SF
CountyRutherford County

Building Information for 144 Nottingham Drive

Stories-Residences-Year Built1968Building Size-Lot Size2.76 AC / 120,225 SF

Property Information for 144 Nottingham Drive

Summary
Location and General Information
  • Longitude: -81.888302
  • Latitude: 35.323487
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $298,900.00
  • Parcel Number: 426447
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 6883.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 1200691, 1200692, 426446
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full
  • Road Surface Type: Asphalt, Gravel, Paved
Interior Features
  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air
  • Laundry Features: Main Level, Washer Hookup
  • Fireplace YN: No
  • Foundation Details: Slab
  • Basement YN: No
  • Stories: 1
Multi Family
Multi-Family Information
  • Unit Type: Apartments
  • Number Of Units Total: 9
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Water
  • Pets Allowed: Yes

Property History for 144 Nottingham Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 144 Nottingham Drive

Taxable ValueLand$22,700Additions$126,800Total$149,500
Tax Record2021$768 ($64 / month)
Home Facts
Baths5.5Total Finished SqFt226 SqFtAbove Grade Finished SqFt226 SqFtStories1Lot Size56,628 SqFtStyleMiscellaneous CommercialYear Built1972ZoningR8ETJCountyRUTHERFORDAPN426447Fireplace TypeHas Fireplace

Schools near 144 Nottingham Drive

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Forest City-Dunbar Elementary School
Public - PK to 5
East Rutherford Middle School
Public - 6 to 8
East Rutherford High School
Public - 9 to 12
Rutherford Early College High School
Public - 9 to 13
Rating
School
Distance
Forest City-Dunbar Elementary School
PublicPK to 5

East Rutherford Middle School
Public6 to 8

East Rutherford High School
Public9 to 12

Rutherford Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 144 Nottingham Drive, Forest City, NC 28043

144 Nottingham Drive is a multi-family home for sale in Forest City, NC 28043. This property was listed for sale on July 8, 2024 by NAI Allen Tate Beverly-Hanks Commercial, it's currently listed at $875,000. It has been on the market for a total of 94 days and was last sold on January 27, 2023. This listing's school district is Rutherford County School District. Nearby schools include Forest City-Dunbar Elementary School, East Rutherford Middle School and East Rutherford High School. 144 Nottingham Drive is a 18-bed, 9-bath, 6,883 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Allen Tate Beverly-Hanks Commercial

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.