Specializing in Representing Fellow Veterans

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.