Address
4835 Horseshoe Bend Road, Hudson, NC
Price
$ 1,199,000
Property Attributes
  • ID#4098650
  • TypeMulti-Family
  • CountyCALDWELL
  • CityHudson
  • AreaCaldwell County
  • Zip28638
  • StyleCottage
  • Price$ 1,199,000
  • Bedrooms20
  • Full Bathrooms10
  • Half Bathrooms10
  • Sqr Footage10256
  • Lot Size1.53 Acres
Data Source:
Canopy MLS
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. See MLS for individual unit details and P&L.

Elementary School Middle School High School
Hudson Elementary School Hudson Middle School South Caldwell High School
Price History
1/8/2024 Listed $1,250,000
2/26/2024 5% - $1,199,000

General Features

Interior Features Open Floorplan,Split Bedroom
Sewer Septic Installed
Heating Baseboard,Electric
Cooling Other - See Remarks
Utilities Electricity Connected
Roof Shingle,Metal
Appliances Electric Range,Electric Water Heater,Exhaust Hood,Refrigerator
Architectural Style Cottage
Construction Materials Brick Partial,Wood
Pets Allowed Conditional
Year Built 1989
Tenant Pays All except water
Property SubType Eightplex+
Elevation 1000
County Caldwell
New Construction No
Property Type Residential Income
Subdivision Name None
Directions 321N,left on Mission Rd,left on Hickory Nut Ridge,left on Horseshoe Bend Rd,on left.
High School South Caldwell
City Hudson
Total Units 10
Street Name Horseshoe Bend
Elementary School Hudson
Middle/Junior High School Hudson
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 397300
Complex Name None

Interior Features

Flooring Carpet,Vinyl
Fireplace Y/N No
Above Grade Finished Area 10256
Full Baths 10
Half Baths 10
Street Suffix Road
Laundry Features In Bathroom,Main Level
Total Bedrooms 20
Number Of Completed Units Total 10

Exterior Features

Parking Features Assigned,Parking Space(s)
Water Source County Water
Total Parking 20
Lot Size Area 1.53
Foundation Details Slab
Building Area Total 10256
Lot Dimensions 1.53 Acres
Road Surface Type Asphalt,Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Road Frontage 257
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28638

Price
AVG $1.2M
$1.2M
Visits
AVG 175
175
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1989

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