4835 Horseshoe Bend Road

$1,080,000
4835 Horseshoe Bend Road, Hudson, NC 28638
4835 Horseshoe Bend Road

4835 Horseshoe Bend Road

$1,080,000

Located just 15 minutes north of Hickory, this 10-UNIT APARTMENT COMPLEX in Hudson, NC overlooks the Western NC foothills and offers a 6.9% CAP! Maintained in excellent condition, each unit offers a covered front porch entrance, living room adjoining an eat-in kitchen, and an oversized half bath/laundry combo on the main level. Upstairs, you'll find two bedrooms sharing a spacious full bath. Tenants pay electricity, owner pays water and trash collection. Units are currently making $8,770/month in income with 2024 Pro Forma NOI showing at $82,915 (after expenses). Newest rental agreement signed at $1050/month. Seller financing available, call agent for details. See MLS for individual unit details and P&L.
Robin Creel
Robin Creel Contact

Features & Amenities

Interior

Total Bedrooms 20
Total Bathrooms 20
Full Bathrooms 10
Half Bathrooms 10
Laundry Room In Bathroom, Main Level
Flooring Carpet, Vinyl
Appliances Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator
Other Interior Features Open Floorplan, Split Bedroom

Exterior

Stories 2
Water Source County Water
Utilities Electricity Connected
ROOF Shingle, Metal
Parking Assigned, Parking Space(s)
Heat type Baseboard, Electric
Air Conditioning Other - See Remarks
Sewer Septic Installed
Substructure Slab

Area & Lot

Status Sold
LIVING SPACE 10,256 Sq.Ft.
LOT SIZE 1.53 Acres
MLS® ID 4098650
Type Multi-Family
Year Built 1989
Architecture Styles Cottage
ELEMENTARY SCHOOL Hudson
MIDDLE SCHOOL Hudson
HIGH SCHOOL South Caldwell

Financial

SALES PRICE $1,080,000

Work With Robin

Sharing all the wonderful things the Hickory area has to offer, both to locals and newcomers. Buying a home should be a fun, enjoyable process, and it is my mission to help each of my buyers as much as I can!

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