Description
Investment opportunity in the heart of Boone! Located just a short walk from downtown Boone, King Street, and the campus of Appalachian State University, this income-producing property offers a rare combination of location, flexibility, and long-term rental stability. The property contains approximately 1,415± heated square feet and is configured with two separate living areas. The main level consists of an 864± square foot residence featuring two bedrooms, one full bath, a living room, kitchen, breakfast area, and a spacious rear entry hallway. The lower level is arranged as an efficiency-style apartment with a living area, kitchen, and full bathroom, providing additional rental income potential. The sellers recently completed approximately $30,000 in capital improvements, including repair and replacement of exterior stucco as needed, complete exterior repainting, and installation of new exterior stairs. Work was completed the week of August 17, 2026. Both units are currently leased through 2027, offering immediate cash flow for investors. The property is situated within the R-1A zoning district and is positioned in one of Boone's most desirable in-town locations, convenient to restaurants, shopping, entertainment, and Appalachian State University. Whether you're seeking an investment property, future owner-occupant opportunity, or a downtown Boone residence with supplemental income potential, 105 Summit Street offers exceptional versatility in a highly sought-after location. Tenant occupied. Minimum 48-hour advance notice required for all showings. All showings are preferred after 12:00 PM whenever possible. No same-day showings.
Details
| MLS # | 262602 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Year | 1925 |
| Days On Site | 79 |
| Listing Provided By | Underdown, Ball & Associates, LLC | Robert Ball |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,415 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R1A |
| Acreage | 0.16 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Window Units |
| Heating Yes / No | Yes |
| Heating | Forced Air, Propane, Space Heater, Wall Furnace |
| Interior Features | None |
| Appliances | Electric Range, Electric Water Heater, Refrigerator |
| Fireplace Features | None |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Other, See Remarks |
|---|---|
| Roof | Asphalt, Shingle |
| Construction Materials | Stucco, Wood Frame |
| Foundation Details | Basement |
Parking
| Parking Features | Driveway |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 1787 |
|---|---|
| Tax Book Number | 162/743 |
Location
| Community Features | Long Term Rental Allowed |
|---|
Area Information
| State | NC |
|---|---|
| County | Watauga |
| City | Boone |
| Zip Code | 28607 |
| Area | 1 Boone | Brushy Fork | New River |
| School District | Watauga |
| Elementary School | Hardin Park |
| High School | Watauga |
| Listing VS Median (in 28607) | |
Price: $399,900 low | high Med: $650,000 sqft: 1,415 low | high Med: 1,991 $ / sqft: $283 low | high Med: $326 On site: 79 low | high Med: 6 | |
Market Activity 28607
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Learn More About This Property
| State | NC |
|---|---|
| County | Watauga |
| City | Boone |
| Zip Code | 28607 |
| Area | 1 Boone | Brushy Fork | New River |
| School District | Watauga |
| Elementary School | Hardin Park |
| High School | Watauga |
| Listing VS Median (in 28607) | |
Price: $399,900 low | high Med: $650,000 sqft: 1,415 low | high Med: 1,991 $ / sqft: $283 low | high Med: $326 On site: 79 low | high Med: 6 | |
