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20 Beds
10 Full baths
10,256 SqFt
Pending
Located just 15 minutes north of Hickory, this 10-UNIT APARTMENT COMPLEX in Hudson, NC overlooks the Western NC foothills and offers a 6.9% CAP! Maintained in excellent condition, each unit offers a covered front porch entrance, living room adjoining an eat-in kitchen, and an oversized half bath/laundry combo on the main level. Upstairs, you'll find two bedrooms sharing a spacious full bath. Tenants pay electricity, owner pays water and trash collection. Units are currently making $8,770/month in income with 2024 Pro Forma NOI showing at $82,915 (after expenses). Newest rental agreement signed at $1050/month. Seller financing available, call agent for details. See MLS for individual unit details and P&L.
Property Details | ||
---|---|---|
Price | $1,199,000 | |
Bedrooms | 20 | |
Full Baths | 10 | |
Half Baths | 10 | |
Property Style | Cottage | |
Lot Size | 1.53 Acres | |
Lot Size Area | 1.53 | |
Lot Size Area Units | Acres | |
Property Type | MultiFamily | |
MLS Sub type | Eightplex+ | |
Stories | 2 | |
Features | Open Floorplan, Split Bedroom | |
Year Built | 1989 | |
Subdivision | None | |
Roof | Shingle, Metal | |
Heating | Baseboard, Electric | |
Foundation | Slab | |
Laundry Features | In Bathroom, Main Level | |
Parking Description | Assigned, Parking Space(s) | |
Parking Spaces | 20 | |
Garage spaces | 0 | |
Geographic Data | ||
Directions | 321N, left on Mission Rd, left on Hickory Nut Ridge, left on Horseshoe Bend Rd, on left. | |
County | Caldwell | |
Latitude | 35.82091588 | |
Longitude | -81.51620332 | |
Address Information | ||
Address | 4835 Horseshoe Bend Road, Hudson, NC 28638 | |
Postal Code | 28638 | |
City | Hudson | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Coldwell Banker Boyd & Hassell | |
Listing Office Phone | 828-322-1005 | |
Listing Agent | Robin Creel | |
Listing Agent Phone | 828-781-8512 | |
Attribution Contact | 828-781-8512 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | None | |
School Information | ||
Elementary School | Hudson | |
Middle School | Hudson | |
High School | South Caldwell | |
MLS Information | ||
Days on market | 157 | |
MLS Status | Pending | |
Listing Date | Jan 8, 2024 | |
Listing Last Modified | Aug 19, 2024 | |
Tax ID | 2756430199 | |
MLS # | CAR4098650 |
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This information is believed to be accurate, but without any warranty.