$125,000
$144,500
13.5%For more information regarding the value of a property, please contact us for a free consultation.
255 16th Street PL SE Hickory, NC 28602
4 Beds
2 Baths
1,496 SqFt
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,496 sqft
Price per Sqft $83
MLS Listing ID 3607559
Sold Date 09/14/20
Bedrooms 4
Full Baths 2
Year Built 1962
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Multi-Family
Property Description
Don't miss out on this great high cap rate investment opportunity! Low maintenance, all brick duplex with a metal roof. The perfect location! Located right next to Tate Blvd, it is close to downtown Hickory, LR Blvd, 127, and Highway 70. Each unit has its own large driveway. Easy to see the cashflow in this investment opportunity. Each side rents for $650 a month. Two bedrooms and one bath per unit. Very convenient and peaceful location. The roof is only two years old, heat pumps are maintained regularly, recently graded driveway. One unit is currently unoccupied and undergoing a remodel. UPDATE: Property is back on the market as previous buyer lived out of state and was not sure of financing. Price has been increased because condition and value of the duplex is rising with new updates and repairs.
Location
State NC
County Catawba
Interior
Heating Heat Pump
Fireplace false
Appliance Electric Oven, Electric Range, Refrigerator
Laundry Other
Exterior
Street Surface Gravel
Building
Lot Description Corner Lot
Building Description Brick, Duplex
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Viewmont
Middle Schools Northview
High Schools Hickory
Others
Pets Allowed Conditional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Allen Curtis • C Shane Cook & Associates