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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.PROPERTY FEATURES
Water Source : County Water
Sewer System : Septic Installed
Parking Features :
Road Surface Type : Asphalt
Architectural Style : Cottage
Heating : Baseboard
Construction Type : Site Built
Construction Materials : Brick Partial
Foundation Details: Slab
Flooring : Carpet
Interior Features : Open Floorplan
Laundry Features : In Bathroom
Appliances : Electric Range
PROPERTY DETAILS
Street Address: Horseshoe Bend Road
City: Hudson
State: North Carolina
Postal Code: 28638
County: Caldwell
MLS Number: 4098650
Year Built: 1989
Courtesy of Coldwell Banker Boyd & Hassell
City: Hudson
State: North Carolina
Postal Code: 28638
County: Caldwell
MLS Number: 4098650
Year Built: 1989
Courtesy of Coldwell Banker Boyd & Hassell
Courtesy of Huffman Realty Group, LLC
Courtesy of ALLEN TATE Greensboro