4835 Horseshoe Bend Road
$1,199,000 Active

Located just 15 minutes north of Hickory, this 10-UNIT APARTMENT COMPLEX in Hudson, NC overlooks the Western NC foothills and offers a 6.9% CAP! Maintained in excellent condition, each unit offers a covered front porch entrance, living room adjoining an eat-in kitchen, and an oversized half bath/laundry combo on the main level. Upstairs, you'll find two bedrooms sharing a spacious full bath. Tenants pay electricity, owner pays water and trash collection. Units are currently making $8,770/month in income with 2024 Pro Forma NOI showing at $82,915 (after expenses). Newest rental agreement signed at $1050/month. Seller financing available, call agent for details. See MLS for individual unit details and P&L.

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Basic Information
MLS#: 4098650
Price: $1,199,000
Square Footage: 10,256
Bedrooms: 20
Bathrooms: 10 Full, 10 Half
Acreage: 1.53
Year Built: 1989
Number of Units: 10
Elementary School: Hudson
Middle School: Hudson
High School: South Caldwell
Waterfront/water view: No
Parking: Assigned,Parking Space(s)
HVAC: Baseboard,Electric
Listing Courtesy Of: Coldwell Banker Boyd & Hassell - 828-781-8512

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