NOT LISTED FOR SALE
9 Beds
9 Baths
5,616 Sq Ft
1978 Built

Last Sold June 30, 2022

Last sale price $500,000 $89 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • Patio
  • Wood Siding
  • W.M. Jenkins Elementary School Rated A-
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of June 2022

Nine-unit apartment complex, fully rented in convenient location off Hwy 127S in Hickory. All units have 1 bedroom, 1 bathroom, and tenants pay all their own utilities. Total monthly income is $3,610. Roof on entire complex replaced in 2021. All units are heated with electric baseboard and cooled with wall units. Three of the units were updated in 2021 and are rented for higher rents than the other 6. Do not approach tenants, they are not aware of the sale. Seller will not owner-finance.

Last Agent to Sell the Property

Joan Everett

The Joan Killian Everett Company, LLC License #74787 Listed on: 05/31/2022

Co-Listed By

Robin Creel

Coldwell Banker Boyd & Hassell License #231845

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 5,616 Sq Ft Home
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Full Bathrooms

Schools

  • Jenkins Elementary School
  • Northview Middle School
  • Hickory High School

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • 9 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes garbage pick-up, management, outdoor lighting
  • Assessor Parcel Number 370211754368

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1978
  • Ratio Current Price By Acre: 632911.39
  • Road Surface Type: Asphalt
  • Structure Type: Apartments
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Front,Patio
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 9
  • Total Bedrooms: 9
  • Living Area: 5616
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Half Bathrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 625
  • Half Bathrooms: 0
  • Half Bathrooms: 0
  • Half Bathrooms: 0
  • Half Bathrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Hickory
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Baseboard, Wall Unit(s)
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Other
  • Water Source: Public

Schools

  • Middle Or Junior School: Northview
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.79
  • Lot Size Units: Acres
  • Parcel Number: 370211754368
  • Plat Book Slide: 16/178
  • Lot Size: 0.79 Acre
  • Zoning Description: R-4

Rental Info

  • Rent Includes: Garbage Pick-up, Management, Outdoor Lighting
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 3.37314

Multi Family

  • Number Of Units Total: 9
  • Unit Count: 9

MLS Schools

  • Elementary School: Jenkins
  • High School: Hickory

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $500,000 0.0% $89 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $499,900 -- $89 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866858

Canopy MLS (Canopy Realtor® Association)