TURNKEY INVESTMENT OPPORTUNITY - Revenue-Generating Corner Unit at Cascade Mountain Resort! This recently updated corner condo delivers immediate cash flow with a reliable month-to-month tenant currently generating $800 monthly income. For savvy investors, the property offers impressive vacation rental potential of $29,000-$35,000 annually, making it an exceptional investment opportunity. The versatile one-bedroom layout can be easily converted to a two-bedroom configuration, maximizing rental appeal. Recent updates include new flooring, updated plumbing, and the convenience of in-unit washer/dryer hookups. As a premium corner unit, enjoy exclusive access to a private side deck perfect for mountain views and outdoor living. Ultra-low operating costs include a mere $75 monthly HOA fee covering water, trash, and laundry facilities. An optional $3,000 amenity lot purchase unlocks access to resort-style amenities including a new pool, modern clubhouse, extensive hiking trails, tennis courts, and a fishing pond. Ideally situated minutes from the Blue Ridge Parkway, Fancy Gap Music Center, and Mount Airy, NC, this property offers easy access to local wineries, hiking trails, and year-round attractions. The strategic location ensures strong rental demand in all seasons. This turn-key property presents multiple revenue strategies: continue with reliable long-term tenants, capitalize on the lucrative short-term rental market, or enjoy as a personal mountain retreat while generating income. With minimal operating costs, proven rental history, and strong income potential, this rare corner unit represents an exceptional investment opportunity in a growing tourist destination. Perfect for investors, vacation rental entrepreneurs, or those seeking a low-maintenance mountain property with income potential. Current rental income and location support strong ROI potential. Don't miss this opportunity to own a profitable mountain retreat with multiple revenue streams.
Type | School name | District name |
---|---|---|
High | Carroll County | Not available |
Elementary | Fancy Gap | Not available |
Middle | Carroll County Intermediate | Not available |
Juniorhigh | Carroll County Intermediate | Not available |
Year | Tax amount | |
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2024 | USD $260.78 | THB ฿8,749* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to BHHS- Mountain Sky Properties-Hillsville
Property ID: 110098013217
Original Property ID: 3yd-SWVARVA-98928