Robin D. Creel

REALTOR® | Broker | GRI

I have now 15 years of real estate experience under my belt, and have loved every minute of it.

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425 8th Street Drive SW

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.
$599,900 Sales Price
18 Beds
9 Baths
5 Half Baths
9,216 Sq.Ft. Living area
Pending Status
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Features & Amenities

Interior

Total Bedrooms 18
Total Bathrooms 11.5
Full Bathrooms 9
Half Bathrooms 5
Laundry Room Closet, Other
Flooring Vinyl
Appliances Electric Range, Refrigerator

Exterior

Water Source Public
Lot Features Sloped
Parking Parking Space - 2
Heat Type Heat Pump, Heat Pump
Sewer Public Sewer
Substructure Brick Partial, Wood Siding
Other Exterior Features Other

Area & Lot

Status Pending
LIVING SPACE 9,216 Sq.Ft.
LOT SIZE 0.85 Acres
MLS ID 3867616
Type MULTI_FAMILY
Year Built 1978
Architecture Styles Apartments
ELEMENTARY SCHOOL Longview/Southwest
MIDDLE SCHOOL Grandview
HIGH SCHOOL Hickory

Financial

SALES PRICE $599,900

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