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24 Full baths
13,728 SqFt
Active
24 condominium apartments for sale right off Hwy 321 in Hickory. Each unit is approximately 572 sqft, 1 bedroom, 1 bath with refrigerator, dishwasher, stove, and central heat/air. The apartments are units 7-30 of Grandview Terrace, a 30 unit condominium HOA. All of the apartments are contained in the long building (16 units)whose rear faces the woods and the shorter building (8 units) whose front faces the highway. Condo HOA pays the water/sewer/trash, common grounds maintenance, and building exterior maintenance for the entire complex. HOA dues for each unit are $75/month. The buildings are visible from HWY 321 as you drive through Hickory and they rent well because of their convenient location. Monthly rent roll = $13,475. There are no laundry hookups in the units, so tenants must use laundry facilities off site. There is a laundry room in the long building, but the HOA has chosen to keep it closed. Please do not disturb tenants; showings arranged by rental property manager's office.
Property Details | ||
---|---|---|
Price | $2,040,000 | |
Bedrooms | 24 | |
Full Baths | 24 | |
Lot Size Area Units | Acres | |
Property Type | MultiFamily | |
MLS Sub type | Multi-Family | |
Year Built | 1985 | |
Subdivision | Grandview Terrace | |
Heating | Central, Heat Pump, Heat Pump | |
Foundation | Slab | |
Lot Description | Level | |
Laundry Features | None | |
Parking Description | Parking Lot | |
Association Name | Judy Mitchell | |
Association Fee | 1800 | |
Geographic Data | ||
County | Catawba | |
Latitude | 35.725693 | |
Longitude | -81.359894 | |
Address Information | ||
Address | 525 12th Street SW #7-30, Hickory, NC 28602 | |
Unit | 7-30 | |
Postal Code | 28602 | |
City | Hickory | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Thornburg & Associates, Inc. | |
Listing Office Phone | 828-328-2936 | |
Listing Agent | Hayden Thornburg | |
Listing Agent Phone | 828-238-6398 | |
Special listing conditions | Subject to Lease | |
Terms | 1031 Exchange, Cash, Conventional | |
School Information | ||
Elementary School | Longview/Southwest | |
Middle School | Grandview | |
High School | Hickory | |
MLS Information | ||
Days on market | 149 | |
MLS Status | Active | |
Listing Date | Jan 15, 2022 | |
Listing Last Modified | Jun 13, 2022 | |
Tax ID | 279212976403B07D | |
MLS # | CAR3821079 |
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This information is believed to be accurate, but without any warranty.