Last Sold Price
8 beds3,002 sqft$122/sqft
163 Telephone Exchange Rd, Hickory, NC 28601

Description

GREAT INVESTMENT OPPURTUNITY with this cash flowing, income producing quadplex! A quadplex with all units rented. This four unit property has been used as a long term rental. The upstairs units features two bedrooms with an open living area and kitchen opening up to the covered front porch and with a back deck as well. The downstairs units also have a two-bedroom floor plan with living room, kitchen and full bathroom. Two units are newly updated and two units are not. Please respect tenants space.GREAT INVESTMENT OPPURTUNITY with this cash flowing, income producing quadplex! A quadplex with all units rented. This four unit property has been used as a long term rental. The upstairs units features two bedrooms with an open living area and kitchen opening up to the covered front porch and with a back deck as well. The downstairs units also have a two-bedroom floor plan with living room, kitchen and full bathroom. Two units are newly updated and two units are not. Please respect tenants space.
LISTING CLOSED: 09/10/2024 12:00 AM

  1. Listed by Shook & Tarlton Realty LLC • smfreeman523@gmail.com

Property Details for 163 Telephone Exchange Road

Status
MLS #
4167514
Days on Market
4
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Fourplex
Year Built
1981
Lot Size
0.47 AC / 20,603 SF
Waterfront Features
None
Parking Features
Parking Space(s)
Community Features
None

Location

Listing Courtesy of Shook & Tarlton Realty LLC

Sold By Empire Dreams Real Estate

Add your commute

Building Information for 163 Telephone Exchange Road

Stories-Residences-Year Built1981Building Size-Lot Size0.47 AC / 20,603 SF

Payment Calculator

$1,982 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,868

Property Taxes

$114

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 163 Telephone Exchange Road

Summary
Location and General Information
  • Longitude: -81.304821
  • Latitude: 35.826041
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $197,014.00
  • Parcel Number: 0003941
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: West Alexander
  • High School: Alexander Central
  • Elementary School: Bethlehem
Parking
  • Parking: Open Spaces: 8.0
  • Parking: Open Parking YN: Yes
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 3002.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 12
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed (Off Site)
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Road Surface Type: Gravel, Concrete
Interior Features
  • Appliances: Oven, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Fireplace YN: No
  • Flooring: Laminate
  • Foundation Details: Slab
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Unit Room Type: Kitchen, Bedroom(s), Laundry, Living Room, Bathroom(s)
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Internet
  • Pets Allowed: Conditional, Breed Restrictions, Number Limit, Size Limit

Property History for 163 Telephone Exchange Road

DateEvent & SourcePriceAppreciation
Sep 10, 2024

Closed

CANOPY #4167514

$367,500
Aug 8, 2024

Listed (Active)

CANOPY #4167514

$370,000
May 30, 2008

Closed

CANOPY #9536161

$97,000
DateEvent & SourcePrice
09/10/2024

Closed

CANOPY #4167514

$367,500
08/08/2024

Listed (Active)

CANOPY #4167514

$370,000
05/30/2008

Closed

CANOPY #9536161

$97,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 163 Telephone Exchange Road

Taxable ValueLand$18,067Additions$178,947Total$197,014
Tax Record2026$1,365 ($114 / month)
Home Facts
Total Finished SqFt1,528 SqFtAbove Grade Finished SqFt1,528 SqFtStories1Lot Size20,038 SqFtStyleMulti-Family Dwelling (2-4)Year Built1981Year Renovated1991ZoningRA20CountyALEXANDERAPN3941

Schools near 163 Telephone Exchange Road

This home is within Alexander County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Bethlehem Elementary
PublicPK to 5

West Alexander Middle
Public6 to 8

Alexander Central High
Public9 to 12

Alexander Virtual Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 28601

$324,900 | 2266 9th Ave Drive Northeast, Hickory, NC 28601
1/42
New

$324,900

3
Bedrooms
1,687
Square Feet
0.34
Acres
$350,000 | 2422 23rd St Drive Northeast, Hickory, NC 28601
1/28
New

$350,000

3
Bedrooms
1,400
Square Feet
0.56
Acres
$199,900 | 1330 5th Street Northeast, Unit 102, Hickory, NC 28601
1/35
New

$199,900

2
Bedrooms
1,122
Square Feet
0.03
Acres
$749,000 | 4821 Elmhurst Drive Northeast, Hickory, NC 28601
1/48
Coming Soon

$749,000

4
Bedrooms
3,733
Square Feet
0.97
Acres
$529,000 | 831 A Wynnshire Drive, Hickory, NC 28601
1/21
Coming Soon

$529,000

2
Bedrooms
1,628
Square Feet
0.06
Acres
$820,000 | 5407 Gunpowder Drive, Hickory, NC 28601

$820,000

4
Bedrooms
3,441
Square Feet
0.86
Acres
$200,000 | 1320 14th St Drive Northeast, Hickory, NC 28601
1/35

$200,000

2
Bedrooms
969
Square Feet
0.31
Acres
$250,000 | 2613 26th Avenue Northeast, Hickory, NC 28601
1/25

$250,000

3
Bedrooms
1,656
Square Feet
0.89
Acres
$385,000 | 2953 2nd St Court Northwest, Hickory, NC 28601
1/31
Open: 8/22 12:00PM - 02:00PM

$385,000

3
Bedrooms
1,924
Square Feet
0.48
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 163 Telephone Exchange Road, Hickory, NC 28601
$367,500
8
3,002
20,603
$97,000
6
3,024
40,510
$120,000
3
1,269
25,264
$135,000
2
1,009
33,976
2
1.5
1,404
20,473
90,735

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shook & Tarlton Realty LLC

Based on information submitted to the MLS GRID as of 01/29/2025 03:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.