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24 Beds
24 Full baths
12,090SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $1,890,000 | |
Bedrooms | 24 | |
Full Baths | 24 | |
Property Style | Traditional | |
Lot Size Area | 3.32 | |
Lot Size Area Units | Acres | |
Property Type | MultiFamily | |
Sub type | Duplex | |
MLS Sub type | Duplex | |
Exterior Features | Lawn Maintenance, Storage | |
Year Built | 1996 | |
Subdivision | None | |
Roof | Shingle | |
Heating | Heat Pump | |
Foundation | Basement, Crawl Space, Slab, Other - See Remarks | |
Lot Description | Cul-De-Sac, Level | |
Laundry Features | Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Main Level, Washer Hookup | |
Parking Description | Driveway, Parking Space(s), Shared Driveway | |
Geographic Data | ||
County | Catawba | |
Latitude | 35.771746 | |
Longitude | -81.279267 | |
Address Information | ||
Address | 2601,2602,2611,2621,2622, 31st Avenue Court NE, Hickory, NC 28601 | |
Postal Code | 28601 | |
City | Hickory | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Horizon Realty Associates LLC | |
Listing Office Phone | 828-351-7200 | |
Listing Agent | Jamie Maiella | |
Listing Agent Phone | 828-391-4199 | |
Attribution Contact | jamiemrealestate@gmail.com | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Subject to Lease | |
Terms | Cash, Conventional, Exchange | |
School Information | ||
Elementary School | Snow Creek | |
Middle School | Arndt | |
High School | St. Stephens | |
MLS Information | ||
Days on market | 3 | |
MLS Status | Active | |
Listing Date | Feb 18, 2025 | |
Listing Last Modified | Feb 21, 2025 | |
Tax ID | 3724143395470000 | |
MLS # | CAR4200270 |
Map View
This information is believed to be accurate, but without any warranty.