80 Lindsey Lane, Burnsville, NC
$1,450,000 · 8,631 sq ft · built 1987
Listing courtesy of Britt Commercial Real Estate, LLC (Zach Britt). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Lindsey Lane Apartments is a 10-unit multifamily property consisting of four buildings on ±1.98 acres with a mix of one-, two-, and three bedroom units. 9 of the 10 units have been renovated. Numerous mini-split HVAC installed. This limits any near-term capital needs. Four month-to-month leases provide immediate opportunity to increase rents to market; continuing to implement water reimbursements and garage rentals are additional opportunities to increase NOI. With multiple paths to increase income, Lindsey Lane offers investors an attractive combination of current cash flow and value-add upside.
Price in context
- Asking $168 per square foot.
- That is 62% below the $439 median across 29 active $1.5M+ homes in Burnsville.
- 16th highest asking price of 29 active $1.5M+ homes in Burnsville.
- 2nd largest by living area of the 25 with a recorded size.
- No price changes since it was listed.
- 0 days on the market, listed 2026-09-16.
- County tax assessment $812,100; the asking price is 1.79× the assessed value.
Features
- Construction
- Wood
- Roof
- Architectural Shingle
- Kitchen & appliances
- Electric Range
- Heating
- Baseboard, Ductless, Kerosene
- Cooling
- Ceiling Fan(s), Ductless
- Garage
- 6 spaces
- Parking
- Driveway, Attached Garage
- County
- Yancey
Comparable homes on the market
- 345 Prospect Drive, Burnsville — $1,999,900, 4 bd, 5,406 sq ft, 0.4 mi away
- 334 Omc Drive, Burnsville — $2,399,000, 1.6 mi away
- 32 Hwy 19e Highway, Burnsville — $1,200,000, 2.6 mi away
- 793 State Highway 197 South, Burnsville — $1,990,000, 3 bd, 2,448 sq ft, 2.6 mi away
- 163 Tweetys Knoll, Burnsville — $1,385,000, 3 bd, 3,678 sq ft, 3.5 mi away
- 750 Barebridge Drive, Burnsville — $1,090,000, 3 bd, 4,379 sq ft, 4.1 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.