425 8th Street Drive SW

425 8th Street Drive SW, Hickory, NC 28602

Nine-unit apartment complex, fully rented in convenient location off near Hwy 321 in Hickory. Complex offers two 3-bedroom units, five 2-bedroom units, and two 1-bedroom units. Total monthly income is $3,890. Roof on entire complex replaced in 2021. All units are heated/cooled with heat pumps, tenants pay their own electric bills. Landlord pays water/sewer/trash. Four of the units were updated in 2021 and are rented for higher rents than the other 5. Do not approach tenants, they are not aware of the sale. Owner will not owner-finance.

Features & Amenities

Interior

Total Bedrooms 18
Total Bathrooms 14
Full Bathrooms 9
Half Bathrooms 5
Laundry Room Laundry Closet, Other - See Remarks
Flooring Vinyl
Appliances Electric Range, Electric Water Heater, Refrigerator

Exterior

Water Source City
ROOF Shingle
Lot Features Sloped
Parking Parking Space(s)
Heat Type Heat Pump
Air Conditioning Heat Pump
Sewer Public Sewer
Other Exterior Features Other - See Remarks

Area & Lot

Status Sold
LIVING SPACE 9,216 Sq.Ft.
LOT SIZE 0.85 Acres
MLS® ID 3867616
Type Condo
Year Built 1978
ELEMENTARY SCHOOL Longview/Southwest
MIDDLE SCHOOL Grandview
HIGH SCHOOL Hickory

Financial

SALES PRICE $549,900

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