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

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

Hickory, NC 28601
$1,890,000

  • Bedrooms: 24
  • Bathrooms:
  • Lot Size: 3.32 Acres
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 Summary
Property Type: Residential Income Property Subtype : Duplex
Year Built : 1996 Construction Type : Site Built
Lot Size : 3.32 Acres Living Area : 12,090 sqft
Property Features
  • Cul-De-Sac
  • Level
  • Front Porch
  • Patio
  • Rear Porch
  • Other - See Remarks
Appliances
  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Oven
  • Refrigerator
  • Refrigerator with Ice Maker
More Information
  • Construction : Brick Full
  • Roof : Shingle
  • Parking : Driveway, Parking Space(s), Shared Driveway
  • Heating : Heat Pump
  • Cooling : Heat Pump
  • Water Source : City
  • Road : Private Maintained Road
  • Listing Terms : Cash, Conventional, Exchange

Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Horizon Realty Associates LLC
Jamie Maiella
828-391-4199
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