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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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448 6th Street Nw A-n , Taylorsville, NC 28681
$1,399,900
Est. Payment: $3,110.89/mo
24 Bed
18 Bath
4677 Sqft
Status: Active | Days on site: 31
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House Description

INVESTMENT OPPORTUNITY IN ALEXANDER COUNTY! Rare opportunity to acquire an established 18-unit multifamily rental complex offering immediate income and long-term investment potential. Currently 100% occupied. Offered at $1,499,900, this income-producing property provides an excellent opportunity for investors looking to expand an existing rental portfolio or acquire a multifamily asset with established tenants and proven rental history. The property consists of multiple residential buildings with 18 rental units conveniently located in one complex, allowing for efficient management and maintenance. Units feature private entrances, and many offer covered porches, decks, or balconies. Ample on-site parking is available for residents. Units are separately metered, an important feature for multifamily ownership and operating efficiency. With 100% current occupancy, this property offers immediate rental income from day one. The concentration of 18 units in one location provides scale and management efficiency that can be difficult to find in smaller residential rental portfolios. Conveniently located in Alexander County with access to Taylorsville, Hickory, and surrounding employment, shopping, and service areas. Whether you are a seasoned multifamily investor, looking to expand your rental holdings, or seeking an income-producing real estate opportunity, this 18-unit complex deserves consideration. Current rent roll and additional property information are available to qualified buyers. Buyer and buyer’s agent to verify all information important to the purchase and investment analysis. PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.

Highlights

Listed by Marty Pennell , 828-446-6696 Weichert, Realtors - Team Metro , 828-304-1000.

Property Type

Multi-Family

Lot/Acreage
1.12

Year Built

2007

County

Alexander

Listing ID

4401086

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:24
  • Bathrooms:18
  • Full Bathrooms:18
Appliances:Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:4677
Below Ground Sq Ft:0
Water:City

Exterior Features

Lot:Cleared,Level
Sewer:Public Sewer
Parking Features:Parking Lot,Parking Space(s)
Principal Interest
$3,111
Taxes
$892

Home Price

$1,399,900

Loan Details

30 yrs
%

Down Payment

20%
$279,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,110.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,110.89 $892.44 $0.00 $4,003.33
Yearly $37,330.67 $10,709.24 $0.00 $48,039.90
Total $1,119,920.00 $321,277.05 $0.00 $1,441,197.05

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Taylorsville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.