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.
| MLS # | 4411677 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1999 |
| Days On Site | 41 |
| Listing Provided By | Baker Realty | Lisa Starnes |
| Bed(s) | 17 |
|---|---|
| Bath(s) | 17 Total |
| SQ Feet | 9,071 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 8 |
| Zoning | R8 |
| Acreage | 1.61 |
| Cooling | Central Air |
|---|---|
| Heating | Electric |
| Appliances | Dishwasher, Electric Range, Microwave, Refrigerator |
| Construction Materials | Brick Partial, Vinyl |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Other - See Remarks |
| Utilities | Electricity Connected |
|---|
| List Aor | Catawba Valley Association of Realtors |
|---|
| Property | 826100 |
|---|
| State | NC |
|---|---|
| County | Caldwell |
| City | Granite Falls |
| Zip Code | 28630 |
| Area | Caldwell |
| School District | South Caldwell |
| Elementary School | Granite Falls |
| High School | South Caldwell |
| Listing VS Median (in 28630) | |
Price: $1,250,000 low | high Med: $350,000 sqft: 9,071 low | high Med: 1,405 $ / sqft: $138 low | high Med: $249 On site: 41 low | high Med: 191 | |
| State | NC |
|---|---|
| County | Caldwell |
| City | Granite Falls |
| Zip Code | 28630 |
| Area | Caldwell |
| School District | South Caldwell |
| Elementary School | Granite Falls |
| High School | South Caldwell |
| Listing VS Median (in 28630) | |
Price: $1,250,000 low | high Med: $350,000 sqft: 9,071 low | high Med: 1,405 $ / sqft: $138 low | high Med: $249 On site: 41 low | high Med: 191 | |