NOT LISTED FOR SALE

3443 Section House Rd Hickory, NC 28601

33 Beds
32 Baths
14,040 Sq Ft
2 Acres

Last Sold September 14, 2022

Last sale price $1,175,000 $84 Per Sq Ft

57 Days on Market

Highlights

  • Breakfast Room
  • 32 Car Attached Garage
  • Laundry Room
  • Rear Porch
  • Living Room
  • Picnic Area

About This Home

As of September 2022

Opportunity to own this below market rent 16 unit apartment building.  15 2 bedroom units and one 3 bedroom attached home with two car garage. The home would make a great place for an owner or manager. Great potential for increasing rentals in a high demand market. Conveniently located 5 minutes from interstate 40 exit 130. Close to hospitals, shopping mall and downtown Hickory. Current owner has renovated many of the units as they have come off leases. Contact us for financials.

Last Agent to Sell the Property

James Soderberg

The Lake Team LLC License #274774 Listed on: 07/19/2022

Last Buyer's Agent

James Soderberg

The Lake Team LLC License #274774 Listed on: 07/19/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 2

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 14,040 Sq Ft Home
  • Living Room
  • Breakfast Room
  • Dining Area
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 33 Bedrooms

Parking

  • 32 Car Attached Garage
  • 1 to 5 Parking Spaces

Schools

  • Webb A. Murray Elementary School
  • Arndt Middle School

Additional Features

  • Rear Porch
  • Level Lot
  • Heat Pump System

Community Details

  • 2 Units
  • Picnic Area

Listing and Financial Details

  • Tenant pays for cable TV, electric heat, electricity, all utilities, all except water
  • Rent includes management, outdoor lighting, sewer, snow removal, water
  • Assessor Parcel Number 3732103763050000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

2 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Other
  • Year Built: 1982
  • Ratio Current Price By Acre: 587500.00
  • Road Surface Type: Asphalt
  • Structure Type: Apartments
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Linoleum
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Back
  • Room Other: Bathroom(s),Bedroom(s),Breakfast,Dining Area,Kitchen,Laundry,Living Room,Primary Bedroom
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 17
  • Half Bathrooms: 15
  • Total Bedrooms: 33
  • Living Area: 14040
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Sq Ft: 928
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 3
  • Total Sq Ft: 1200

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Tax Location: Hickory
  • Construction Type: Site Built
  • Property Features: Cable Available,Dishwasher,Range/Oven,Refrigerator,Storm Windows/Doors,W/D Connection
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Total Parking Spaces: 32
  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Carport - 2 Car, Parking Space - 4+, Other

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Picnic Area
  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Level
  • Lot Size Units: Acres
  • Parcel Number: 3732103763050000
  • Lot Size: irreg
  • Zoning Description: R-20
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: Management, Outdoor Lighting, Sewer, Snow Removal, Water
  • Tenant Pays: Cable TV, Electric Heat, Electricity, All Utilities, All except water
  • Pets Allowed: Yes

Tax Info

  • RATIO List Price By Tax Amount: 2.38426

Multi Family

  • Number Of Units Total: 16
  • Unit Count: 2

MLS Schools

  • Elementary School: Webb A. Murray
  • High School: Unspecified
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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 List to Sale Price per Sq Ft Prior Sale
09/14/2022 09/14/22 Sold $1,175,000 -2.1% $84 / Sq Ft
07/19/2022 07/19/22 For Sale $1,200,000 +166.7% $85 / Sq Ft
05/15/2015 05/15/15 Sold $450,000 -37.9% $30 / Sq Ft View Prior Sale
04/03/2015 04/03/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $725,000 -- $48 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,865 $1,122,400 $41,100 $1,081,300
2024 $5,865 $1,122,400 $41,100 $1,081,300
2023 $5,640 $1,122,400 $41,100 $1,081,300
2022 $3,498 $503,300 $43,800 $459,500
2021 $3,498 $503,300 $43,800 $459,500
2020 $3,498 $503,300 $0 $0
2019 $3,498 $503,300 $0 $0
2018 $3,716 $534,700 $43,800 $490,900
2017 $3,716 $0 $0 $0
2016 $3,716 $0 $0 $0
2015 $3,633 $534,700 $43,600 $491,100
2014 $3,633 $605,500 $52,300 $553,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3885584

Canopy MLS (Canopy Realtor® Association)

APN: 3732-10-37-6305

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