$1,199,000

4835 Horseshoe Bend Road

Hudson, NC 28638 Residential Multi Unit
MLS#: 4098650 20 beds, bath(s)
Status: Active

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Details

Type
Eightplex+ 
Status
Active 
Lot Size
1.5300 
Subdivision
None 
Elementary School
Hudson 
Middle School
Hudson 
High School
South Caldwell 
Buyer Agency Compensation¹
3 %
Sub Agency Compensation¹
3 %
Appliances
Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator 
Cooling
Other - See Remarks 
Heating
Baseboard, Electric 
Exterior
Brick Partial, Wood 
Water
County Water 
Year Built
1989 
Driveway
Asphalt 
Laundry Location
In Bathroom, Main Level 
Parking
Assigned, Parking Space(s) 
Lot Description
 
¹ = The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property Description

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.

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