5111 Ponderosa Dr Conover, NC 28613
Estimated payment $22,991/month
Highlights
- Open Floorplan
- Covered patio or porch
- Laundry Room
- Ranch Style House
- Living Room
- Front Green Space
About This Home
Rental Income Investment Property on approximately 6.7 acres.
10 Duplexes with each building offering 2 Bedrooms/1 Bath per unit for a total of 20 units.
Updates: 7 units updated, 2 units in process of updates, 1 unit partially updated and ready to rent.
Recently installed 7 HVAC systems: 2022 (2), 2023 (2), 2024 (3)
Property Maintenance Building for storing materials also has washer/dryer hookups and plumbing for restroom.
Mail Boxes: owned by USPS and tenant must go through USPS to receive a new key for their mailbox.
Outdoor security lights: 3 security lights and 1 motion light on maintenance building.
Water: 5 wells w/3 having water treatment systems. Water safety testing has been done several times since purchase of property in 2021. Electric panel for well pumps located in property maintenance building.
Utilities provided by owner: water(well), sewer(septic), trash.
Tenant responsibility: Power(Duke Energy), Internet, TV service.
Washer/Dryer: hookups in each unit.
Listing Agent
RE/MAX A-Team Brokerage Email: Meredith@CarswellTeam.com License #264480
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- Front Green Space
- Level Lot
- Open Lot
- Cleared Lot
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 16,120 Sq Ft Home
- Open Floorplan
- Living Room
- Dining Area
- Vinyl Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 40 Bedrooms
- 10 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Basement Storage
- Natural lighting in basement
Parking
- Garage
- Basement Garage
- Driveway
- 20 Open Parking Spaces
Outdoor Features
- Covered patio or porch
- Outbuilding
Schools
- Lyle Creek Elementary School
- River Bend Middle School
- Bunker Hill High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- Ponderosa Village Subdivision
Listing and Financial Details
- The owner pays for - see remarks
- Assessor Parcel Number 3734143482760000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2025 03/02/25 | For Sale | $3,499,000 | +149.9% | $217 / Sq Ft |
| 08/12/2021 08/12/21 | Sold | $1,400,000 | -6.7% | $86 / Sq Ft |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $1,499,900 | +140.0% | $92 / Sq Ft |
| 12/03/2012 12/03/12 | Sold | $625,000 | -21.9% | $388 / Sq Ft |
| 08/29/2012 08/29/12 | Pending | -- | -- | -- |
| 06/15/2012 06/15/12 | For Sale | $800,000 | -- | $496 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4225366
APN: 3734-14-34-8276
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