$2,600,000
$2,800,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4887 County Home RD #A1-J2 Conover, NC 28613
60 Beds
42 Baths
30,714 SqFt
Key Details
Sold Price $2,600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 30,714 sqft
Price per Sqft $84
MLS Listing ID 3826265
Sold Date 04/13/22
Bedrooms 60
Full Baths 30
Half Baths 24
Year Built 1974
Lot Size 3.900 Acres
Acres 3.9
Property Sub-Type Apartment
Property 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 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.
Location
State NC
County Catawba
Zoning R-20
Interior
Interior Features Cable Prewire, Storage
Heating Baseboard, Central, Electric, Heat Pump
Cooling Ceiling Fan(s), Heat Pump
Flooring Carpet, Linoleum, Vinyl
Fireplace false
Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator
Laundry Utility Room, Laundry Closet, Main Level
Exterior
Exterior Feature Storage
Fence Fenced
Community Features Dog Park, Recreation Area, Street Lights
Utilities Available Cable Available, Wired Internet Available
Roof Type Composition
Street Surface Asphalt,Paved
Porch Front Porch, Patio, Rear Porch
Building
Lot Description Level
Foundation Crawl Space
Sewer Septic Installed
Water Well
Structure Type Brick Partial,Wood
New Construction false
Schools
Elementary Schools Snow Creek
Middle Schools Arndt
High Schools St. Stephens
Others
Pets Allowed Yes
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition Subject to Lease
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Alicia Debnam • Fathom Realty