
105 Summit Street · Boone, NC 28607
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.
Features & Amenities
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 25, 2026 | Price Reduced | $410,000 → $399,900 | ▾ $10,100 (2.5%) |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Aug 25, 2026