NOT LISTED FOR SALE
8 Beds
6 Baths
5,600 Sq Ft
0.39 Acres Lot

Sale Details

Date Sold: April 30, 2024

Last sale price $422,000 $75 Per Sq Ft

126 Days on Market

About This Home

As of April 2024

Marcus & Millichap is pleased to present the Hickory 49 Portfolio in Hickory, NC. The properties can be purchased as a portfolio or individually. This property is a 4-unit property. The whole portfolio has a unit mix of 8 studios, 21 1bd x 1b, 6 2bd x 1b, and 14 2bd x 1.5b. All properties are close to each other with a maximum distance of 6.5 miles between the two properties furthest from each other. Conveniently located in Hickory, NC. This portfolio offers investors the unique opportunity to capitalize on seven assets with significant rental increases by modernizing interior upgrades and organic rent growth potential to match rents with competing properties within the submarket. The major employers in Hickory include Catawba Valley Medical Center, CommScope Inc., Corning Optical Communications LLC, and Frye Regional Medical Center. The major universities in the area include Lenoir-Rhyne University and Catawba Valley Community College. All properties are within 4 miles of Downt

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc Brokerage Email: service@selectpremiumprop.com License #233506 Listed on: 10/18/2023

Last Buyer's Agent

Marianna Geyer

828 Real Estate Services License #189433

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.39

Parking

  • Parking Lot

Home Design

  • 5,600 Sq Ft Home
  • Slab Foundation

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 3713075981330000

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.39 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1988
  • Road Surface Type: None, Other
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: service@selectpremiumprop.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Living Area: 5600

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 3713075981330000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-4

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Call

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $422,000 +14.7% $75 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $368,000 -12.8% $66 / Sq Ft
02/09/2024 02/09/24 Off Market $422,000 -- --
12/16/2023 12/16/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $368,000 -- $66 / Sq Ft
Source: Canopy MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,487 $442,100 $13,700 $428,400
2024 $4,487 $525,700 $13,700 $512,000
2023 $4,487 $525,700 $13,700 $512,000
2022 $2,425 $201,700 $13,700 $188,000
2021 $2,425 $201,700 $13,700 $188,000
2020 $2,345 $201,700 $0 $0
2019 $2,345 $201,700 $0 $0
2018 $2,675 $234,300 $13,700 $220,600
2017 $2,675 $0 $0 $0
2016 $2,675 $0 $0 $0
2015 $2,508 $234,300 $13,700 $220,600
2014 $2,508 $243,500 $16,100 $227,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 4080109

Canopy MLS

APN: 3713-07-59-8133

Your Personal Tour Guide

Ask me questions while you tour the home.