Active
2601,2602,2611,2621,2622, 31st Avenue Court NE
Hickory NC, 28601
$1,890,000
$156.33 per sqft
Active
24 Beds
24 Baths
12,090 sqft
Multi-family
Built in 1996
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.
4200270
MLSⓇ ID
February 18, 2025
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
24
Total Bathrooms
24
Full Bathrooms
24
Appliances
Dishwasher, Electric Range, Electric Water Heater, Oven, Refrigerator, Refrigerator with Ice Maker
Laundry Description
Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Main Level, Washer Hookup
Floor Description
Carpet, Linoleum
Fireplace
No
Cooling
Yes
Cooling Description
Heat Pump
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
3.32 Acres
Exterior Features
Lawn Maintenance, Storage
Lot Features
Cul-De-Sac, Level
Architectural Style
Traditional
Roof
Shingle
Sewer
Septic Installed
Patio And Porch
Front Porch, Patio, Rear Porch, Other - See Remarks
Security
Smoke Detector(s)
School Information
High School
St. Stephens
Elementary School
Snow Creek
Other Property Details
Days on Market
3
Garage
No
Parking
Driveway, Parking Space(s), Shared Driveway
View
No
County
Catawba
Water Source
City
Pool
No
Utilities
Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
Courtesy of Horizon Realty Associates LLC with Jamie Maiella,
Listing Contact: [email protected]
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