Attention Investors! 100% Leased & Cash flowing. Fantastic opportunity in desirable NE Hickory for these 6 Duplexes on a private cul-de-sac, with ample parking and greenspace situated on ~3.3 acres (6 parcels). Located close to Highway 127 and Springs Road, as well as medical care, gas, shopping, grocery, etc.... Exceptional rental history, very low turnover, & including many long term tenants. All 12 units are currently occupied and leased, income producing with an approximate CAP Rate of ~6.3% based on 2024 numbers, & with room to grow! All units feature two spacious bedrooms, two full bathrooms, ample closet space, fridge, dishwasher, and range/oven, along with washer/dryer hookup in closet off of kitchen area. Low maintenance units. Sale also includes storage buildings that provides individual tenants with additional secure on site storage. Each tenant has access to paved parking with ample spaces. All units are non-smoking and no pets have been allowed.
Closed
Zillow last checked:
Listing updated:
Bought with:
Todd Lange
Howard Hanna Allen Tate Statesville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4200270
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Sold | $1,740,000-7.9%$144/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4200270 Report a problem | ||
| 3/26/2025 | Pending sale | $1,890,000$156/sqft |
Source: Canopy MLS as distributed by MLS GRID #4200270 Report a problem | ||
| 2/18/2025 | Listed for sale | $1,890,000$156/sqft |
Source: Canopy MLS as distributed by MLS GRID #4200270 Report a problem | ||
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Estimated market value
$1,743,300
