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.
Request More Info:
| MLS#: | 4098650 |
| Square Footage: | 10,256 |
| Bedrooms: | 20 |
| Bathrooms: | 10 Full, 10 Half |
| Acreage: | 1.53 |
| Year Built: | 1989 |
| Waterfront: | No |
| Closing Date: | Oct 30, 2024 |
| List Price: | $1,199,000 |
| Sales Price: | $1,080,000 |
| Days on Market: | 157 |
| Listed by: | Robin Creel, Coldwell Banker Boyd & Hassell |
| Sold by: | Leigh Brown, One Community Real Estate |