591 & 573 Margo Road, Boone, NC 28607

Local realty services provided by:ERA Live Moore
591 & 573 Margo Road,Boone, NC 28607
$1,519,000
  • - Beds
  • - Baths
  • 4,130 sq. ft.
  • Multi-family
  • Active
Listed by:page sauder
Office:baxter mountain properties
MLS#:255231
Source:NC_HCAR

Price summary

  • Price:$1,519,000
  • Price per sq. ft.:$367.8

About this home

TWO DUPLEXES, 4 TOTAL UNITS, 16 BED / 8 BATHS - WITH PARKING minutes from downtown Boone and the campuses of App State and CCC&TI. Fully leased through July 2026 with new leases grossing $148,800 annually. With a new roof on 573 and some with recently updated kitchens, counter tops, flooring and fixtures these duplexes are a tremendous turn-key opportunity for any investor in the strong Boone rental market. These units offer ample on-site parking and are close to college campuses, shopping, restaurants, and all Boone has to offer. Floor plans in photos with unit square footage provided by the seller. Current gross rent is $144,000, increasing to $148,800 for Aug '25 - July '26. Tenants are responsible all utilities and trash pickup. 24-hour notice is required for showing. Photos were taken previously, when units were unoccupied. Unit finishes vary. Total square footage represented is from appraiser measurements provided by the seller.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1989
  • Listing Id #:255231
  • Added:106 day(s) ago
  • Updated:August 04, 2025 at 01:21 PM

Rooms and interior

  • Living area:4,130 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1989
  • Building area:4,130 sq. ft.
  • Lot area:1.25 Acres

Schools

  • High school:Watauga
  • Elementary school:Hardin Park

Finances and disclosures

  • Price:$1,519,000
  • Price per sq. ft.:$367.8
  • Tax amount:$2,080