$1,890,000
For Sale

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

Hickory, NC 28601
12090 sqft | 24 beds | 24 baths | #4200270
Browse 23 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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
      • Utility FeaturesCable Available, Electricity Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
      • AppliancesDishwasher, Electric Range, Electric Water Heater, Oven, Refrigerator, Refrigerator with Ice Maker
      • FoundationBasement, Crawl Space, Slab, Other - See Remarks
      • Parking FeaturesDriveway, Parking Space(s), Shared Driveway
      • Exterior MaterialsLawn Maintenance, Storage
      • Lot FeaturesCul-De-Sac, Level
      • Lot DescriptionCul-De-Sac, Level
      • Sewer InformationSeptic Installed
      • Parcel Number3724143395470000
      • Basement DescriptionStorage Space
      • Property TypeMulti-Family
      • High SchoolSt. Stephens
      • Elementary SchoolSnow Creek
      • Original List Price$1,890,000
      • CoolingHeat Pump
      • Cooling FeaturesHeat Pump
      • Parking TypeDriveway
      • RoofShingle
      • CountyCatawba
      • MLS #4200270
      • Cost1890000
      • MLS #4200270
      • Property SubtypeDuplex
      • Square Feet12090
      • Middle SchoolArndt
      • Year Built1996
      • Utility SourceCity
      • Bedrooms24
      • Bathrooms24
      • Full Baths24
      • Basement1
      • Days on Market (Cumulative)5

Location

Dwell Realty GroupReal Estate Group

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