$1000/Mo Income ONLY $69,900 in Hickory Sold

  • $69,900
  • 3 beds
  • 1 baths
  • 1,922 sqft

$1000/Mo Income ONLY $69,900 in Hickory

We have a nice duplex with stable tenants in place bringing in $1,000 mo. for only $69,900 in Hickory.

Apartment A is currently being rented for $650/mo. Apartment B is currently being rented for $350/mo. Combined rental income is $1000/mo.

Apartment A has 3 bedrooms (could be 4) and has 1 bath.

Apartment B is 1 bed 1 bath

The duplex is 1,922 total square feet and the lot size is 0.24 (+/-) acres.

Each apartment has it’s own kitchen. Both have separate entrances. There is access to the basement through steps located outside of apartment A.

Water heater and laundry area could be in the basement.

Tenants aren’t complaining about any repairs however here are some things that could be done to increase rents.

Here are some of apartment A’s potential updates/repairs. Bathroom may need some subfloor repair. Would need some flooring and/or tile redone. Some wall repair. Some ceiling repair from previous leak that was repaired but the ceiling was not.

Here are some of apartment B’s potential updates/repairs. Bathroom needs some subfloor repair and some flooring.

This is a nice duplex. It sits on a quiet short street. It has a deep backyard. Has a back deck. No current leaks in the apartments.

Apartment A has hardwood floors in the living and dining rooms.

Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.

Because our properties need repairs, they do not qualify for traditional financing.

Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.

We have been providing deep discounted properties in the Carolina’s for over 30 years.

See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.

Hickory, NC 28602
Square Feet:
Lot Size:
0.24 (+/-) Acres
For Sale
Property Type:
Has basement

Call 803-339-2255 for more details