255 16TH STREET PL SE HICKORY, NC 28602

Features

• Lot Size: 23958.00 sq. ft.
• Stories: 100
• Heating: None
• Construction Type: Concrete Block
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1962
• Property ID: 851699926
• MLS Number: 3607559
• Parcel Number: 3712-06-49-3134
• Property Type: Single Family Home
• County: CATAWBA

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. 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.