Sold
Last Sold Price
60 beds30,714 sqft$85/sqft
4887 County Home Rd, Unit A1J2, Conover, NC 28613
3.9 acresLot Size
1974Year Built
$85/sq ftPrice per sq ft

Description

Crosstown Apartments: 24 units (2-story, 2 bedroom, 1.5 bath) and 6 units (1-story, 2 bedroom, 1 bath) = 30 total rental units. Most recent rental rates are $795/month & $800/month. Onsite dog park and recreation area make outdoor play convenient. All but one of the 1-story units have a covered carport or detached garage. The large paved parking lot offers plenty of parking for all other residents and visitors. In 2021 we performed a significant crawlspace renovation project which made the foundations...Crosstown Apartments: 24 units (2-story, 2 bedroom, 1.5 bath) and 6 units (1-story, 2 bedroom, 1 bath) = 30 total rental units. Most recent rental rates are $795/month & $800/month. Onsite dog park and recreation area make outdoor play convenient. All but one of the 1-story units have a covered carport or detached garage. The large paved parking lot offers plenty of parking for all other residents and visitors. In 2021 we performed a significant crawlspace renovation project which made the foundations look great (invoices available upon request). Owner pays Hickory city water, Republic trash service, street lights, and all maintenance (expenses avaible upon request). There are 18 septic tanks on the property servicing the apartments. February 2022 rent roll = $19,940; 2021 expenses averaged $2,067/month, which includes renovating units as they become vacant. This investment property has a long profitable future ahead of it.
  • Listed by: • Thornburg & Associates, Inc.
Listing closed: 04/13/2022 12:00 AM • Source: CANOPY, MLS#: 3826265

Location

Listing Courtesy of Thornburg & Associates, Inc.

Sold By Fathom Realty

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$13,215 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,215

Property Taxes

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HOA Dues

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Property Information for 4887 County Home Road, Unit A1J2

Property Details
  • Zoning Description: R-20
  • Parking Features: Parking Lot, Parking Space - 2
  • Community Features: Dog Park, Recreation Area, Street Lights
Building Information
  • Year Built: 1974
  • Lot Size: 3.90 AC / 169,884 SF
Summary
Location and General Information
  • Longitude: -81.249837
  • Geocode Source: Manual
  • Latitude: 35.763757
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $672,100.00
  • Parcel Number: 3734172034700000
School Information
  • Middle Or Junior School: Arndt
  • High School: St. Stephens
  • Elementary School: Snow Creek
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Structure Type: Apartments
  • Below Grade Finished Area: 0.0
  • Lot Features: Level
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction YN: No
  • Photos Count: 28
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Number Of Completed Units Total: 30
  • Number Of Projected Units Total: 30
  • Permit Syndication: Yes
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Porch: Back,Front,Patio
  • Property Features: Cable Available,Dishwasher,Range/Oven,Refrigerator,Storage Room
  • Exterior Features: Fence, Outbuilding(s), Storage, Wired Internet Available
  • Construction Materials: Brick Partial, Wood Siding
  • Road Surface Type: Asphalt
Interior Features
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Water Heater: Electric
  • Heating: Central, Baseboard, Heat Pump
  • Laundry Features: Main Level, Closet, Utility Room
  • Fireplace YN: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Foundation Details: Crawl Space
Multi Family
Multi-Family Information
  • Unit Count: 2
  • Number Of Units Total: 30
Unit 1
  • Baths Full: 1
  • Baths Half: 1
  • Beds Total: 2
  • SqFt Total: 1056
  • Unit Rooms: Kitchen,Living Room
Unit 2
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 2
  • SqFt Total: 1035
  • Unit Rooms: Kitchen,Living Room
Rental
Rent Information
  • Tenant Pays: Electricity
  • Rent Includes: Garbage Pick-up, Management, Sewer, Water
  • Pets Allowed: Yes

Property History for 4887 County Home Road, Unit A1J2

DateEvent & SourcePriceAppreciation
Apr 13, 2022

Closed

CANOPY #3826265

$2,600,000—
Feb 10, 2022

Under Contract-No Show

CANOPY #3826265

—
Feb 10, 2022

Under Contract-Show

CANOPY #3826265

—
DateEvent & SourcePrice
04/13/2022

Closed

CANOPY #3826265

$2,600,000
02/10/2022

Under Contract-No Show

CANOPY #3826265

—
02/10/2022

Under Contract-Show

CANOPY #3826265

—

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

Schools near 4887 County Home Road, Unit A1J2

This home is within Catawba County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Snow Creek Elementary School
PublicPK to 6

Harry M Arndt Middle
Public7 to 8

Saint Stephens High
Public9 to 12

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.

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Listing Courtesy of Thornburg & Associates, Inc.

Based on information submitted to the MLS GRID as of 04/14/2022 11:43 AM. 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.