For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,740,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 12,090 sqft
Price per Sqft $143
MLS Listing ID 4200270
Style Traditional
Bedrooms 24
Full Baths 24
Year Built 1996
Lot Size 3.320 Acres
Property Sub-Type Duplex
Property Description
Attention Investors! 100% Leased & Cash flowing. Fantastic opportunity in desirable NE Hickory for these 6 Duplexes on a private cul-de-sac, with ample parking and greenspace situated on ~3.3 acres (6 parcels). Located close to Highway 127 and Springs Road, as well as medical care, gas, shopping, grocery, etc.... Exceptional rental history, very low turnover, & including many long term tenants. All 12 units are currently occupied and leased, income producing with an approximate CAP Rate of ~6.3% based on 2024 numbers, & with room to grow! All units feature two spacious bedrooms, two full bathrooms, ample closet space, fridge, dishwasher, and range/oven, along with washer/dryer hookup in closet off of kitchen area. Low maintenance units. Sale also includes storage buildings that provides individual tenants with additional secure on site storage. Each tenant has access to paved parking with ample spaces. All units are non-smoking and no pets have been allowed.
Location
State NC
County Catawba
Zoning R-20
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Linoleum
Laundry Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Main Level, Washer Hookup
Exterior
Exterior Feature Lawn Maintenance, Storage
Utilities Available Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
Roof Type Shingle
Building
Lot Description Cul-De-Sac, Level
Foundation Basement, Crawl Space, Slab, Other - See Remarks
Sewer Septic Installed
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Snow Creek
Middle Schools Arndt
High Schools St. Stephens
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition Subject to Lease
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Todd Lange • Allen Tate Statesville
Get More Information
