102 King Henry Lane, Granite Falls, NC 28630

$1,250,000
17
BD
9,071
SqFt

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List Price
$1,250,000
MLS#
4411677
Status
ACTIVE
Property Type
Residential Income
Architectural Style
Traditional
Distressed Property
Yes
Year Built
1999
Days on Market
2
Bedrooms
17
Full Baths
9
Half Baths
8
Lot Size
70,131
Lot Size Area
1.6099999999999999
Living Area
9,071
Sq Ft Total
9071
County
Caldwell

Property Description

Investment Opportunity in Granite Falls! This eight-unit apartment complex offers an excellent opportunity for investors seeking an income-producing property with all units currently leased. The complex consists of seven two-bedroom, 1.5-bath units and one three-bedroom, 2.5-bath unit (Unit 116). Unit 116 features a spacious main level with a living room, kitchen, pantry, half bath, sunroom, laundry room, single-car garage, and single-car carport. The upper level includes a primary bedroom with a large ensuite bathroom and spacious walk-in closet, along with two additional bedrooms that share a hall bathroom. The remaining seven units feature a living room, kitchen, half bath, patio, and utility room on the main level. The upper level offers two bedrooms, a full hall bathroom, and a laundry closet. Each unit's kitchen is equipped with a refrigerator, range, microwave, and dishwasher. Washers and dryers are not included and are the tenants' responsibility. Water, sewer, and electric services are provided through the Town of Granite Falls, with tenants responsible for all utility costs. Flooring throughout the units consists of a combination of carpet, tile, and vinyl in various areas. All eight units are currently leased/rented, providing an established rental income stream. Please do not disturb the tenants. Showings will be limited to serious and qualified investors.

Additional Information

Floor Coverings
Carpet, Tile, Vinyl
Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Foundation
Slab
Laundry Location
Electric Dryer Hookup, Washer Hookup
Heating
Electric
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Partial, Vinyl
Parking
Assigned, Other - See Remarks
Driveway
Asphalt, Paved
Elementary School
Granite Falls
Middle School
Granite Falls
High School
South Caldwell
Zoning
R8
Special Conditions
Subject to Lease

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Calculator source: Real Geeks

Listing courtesy of Baker Realty. lisa.bakerrealty@gmail.com

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