24 Beds

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.