$1,890,000
PENDING

2601,2602,2611,2621, 31st Avenue Ct NE Hickory, NC 28601

Saint Stephens Neighborhood

Estimated payment $12,439/month

Total Views 3,849
24 Beds
24 Baths
12,090 Sq Ft
$156 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Lawn
  • Front Porch
  • Snow Creek Elementary School Rated A-
  • Cul-De-Sac
  • Patio

About This Home

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.

Listing Agent

Jamie Maiella

Horizon Realty Associates LLC Brokerage Email: jamiemrealestate@gmail.com License #319769

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Lawn

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 12,090 Sq Ft Home
  • Wired For Data
  • Linoleum Flooring

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Crawl Space
  • Basement Storage

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

  • Snow Creek Elementary School
  • Arndt Middle School
  • St. Stephens High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for outdoor lighting, - see remarks
  • Assessor Parcel Number 3724143395470000

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Year Built: 1996
  • Restrictions: No Representation
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: jamiemrealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, Slab, Other - See Remarks
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Sq Ft Unheated Basement: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Oven, Refrigerator, Refrigerator with Ice Maker
  • Owner Pays: Outdoor Lighting, Other - See Remarks
  • Above Grade Finished Sq Ft: 12090
  • Has Basement: Storage Space
  • Basement YN: No
  • Full Bathrooms: 24
  • Total Bedrooms: 24
  • Living Area: 12090
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Brick Full
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Patio, Rear Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Space(s), Shared Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Arndt
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Level
  • Lot Size Area: 3.32
  • Lot Size Units: Acres
  • Parcel Number: 3724143395470000
  • Additional Parcels Description: 372414430567, 372414431561, 372414431354, 372414339322, 372414430340
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-20

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Internet, Trash Collection, Water
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • Elementary School: Snow Creek
  • High School: St. Stephens

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $1,890,000 -- $156 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4200270

Canopy MLS (Canopy Realtor® Association)