152 Tate ST, Waynesville, NC 28786
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152 Tate ST, Waynesville, NC 28786
152 Tate ST, Waynesville, NC 28786
152 Tate ST, Waynesville, NC 28786
152 Tate ST, Waynesville, NC 28786
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$ 595,000
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152 Tate ST Waynesville, NC 28786

6 Beds

4 Baths

4,028 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,028 sqft

Price per Sqft $147

MLS Listing ID 4436155

Style Ranch

Bedrooms 6

Full Baths 4

Abv Grd Liv Area 2,396

Year Built 1964

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Fourplex

Property Description

INVESTMENT OPPORTUNITY IN THE HEART OF WAYNESVILLE! Ideally situated just minutes from downtown Waynesville, this all-brick quadplex offers an attractive combination of location, established rental history, and tremendous potential for increased income. The property features four spacious apartments, including two 2-bedroom units and two 1-bedroom units, offering a total of approximately 4,028 square feet of living space. Each unit has its own kitchen, living and dining areas, with select units featuring covered porches or decks. Currently occupied by established tenants, the property generates consistent rental income, with rents that are considerably below prevailing market rates, presenting an excellent opportunity for future revenue growth. Additional highlights include city water and sewer, convenient parking, and a desirable location near downtown shopping, dining, and everyday conveniences. Whether you're an experienced investor looking to expand your portfolio or entering the multifamily market for the first time, this property offers an opportunity to acquire a well-located income-producing asset with meaningful long-term upside. Location, existing income, and room to grow, 152 Tate Street checks all three boxes!

Location

State NC

County Haywood

Zoning RES

Rooms

Basement Apartment, Exterior Entry, Full, Partially Finished

Interior

Heating Baseboard, Electric

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Linoleum, Wood

Fireplaces Type Living Room, Other - See Remarks

Fireplace true

Appliance Dishwasher, Electric Range, Exhaust Fan, Refrigerator, Washer/Dryer

Laundry Common Area, In Basement

Exterior

Utilities Available Cable Available, Electricity Connected

View Winter

Roof Type Architectural Shingle

Street Surface Asphalt,Paved

Porch Balcony, Covered, Deck, Patio, Porch

Garage false

Building

Lot Description Level, Sloped

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Architectural Style Ranch

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Hazelwood

Middle Schools Waynesville

High Schools Tuscola

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Special Listing Condition None


Listed by Matthew Wells • Keller Williams Great Smokies • matthewwells@kw.com

Nearby Locations

Sheila St Germain
Sheila St Germain

Broker | Realtor | Team Lead License ID: 277315

+1(704) 438-8339 | sheila.stgermain@exprealty.com

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152 Tate ST