Traditional

2601,2602,2611,2621,2622, 31st Avenue Court NE

Hickory , NC 28601

MLS#: 4200270

$1,890,000

Status: Closed
Listing number: 4200270
Listing provided by: Horizon Realty Associates LLC
Listing agent phone: None
Last update: 8 months ago
Browse Properties
None - Residential Income

Property

Beds

24

Full Baths

24

1/2 Baths

None

Year Built

1996

Sq.Footage

12,090

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.

Features & Amenities

Interior

  • Total Bedrooms

    24

  • Bathrooms

    24

  • Above Grade Finished Area

    12090.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Heat Pump

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Storage

  • Parking

    Driveway, Shared Driveway

  • Patio and Porch Features

    Front Porch, Patio, Rear Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Cul-De-Sac, Level

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,890,000

  • Sq. Footage

    12, 090

  • Price/SqFt

    $156

HOA

  • Association

    No

School District

  • Elementary School

    Snow Creek

  • Middle School

    Arndt

  • High School

    St. Stephens

Property Features

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

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Location

County

Catawba

Elementary School

Snow Creek

Middle School

Arndt

High School

St. Stephens

Listing Courtesy of Jamie Maiella , Horizon Realty Associates LLC

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Agent Zaneta Mowatt

Agent

Zaneta Mowatt

Call Zaneta today to schedule a private showing.

(704) 904-7596

zaneta@prestinoadvantage.com


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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.

2601,2602,2611,2621,2622, 31st Avenue Court NE

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