Under Contract

Listed by Olga Leggett from K2 Real Estate Group

Source: Carolina Multiple Listing Services, Inc. #4412691

128 Cedar Avenue, Hudson, NC, 28638

$1,399,000

24
12
8640 sq. ft.
1.73 ac.

Apartment

17 days on the market

What's around 128 Cedar Avenue

About this property

OWNER FINANCING is available VERY well maintained property, completely remodeled 3 buildings with 4 units each, 12 total units total All units are 2 bedrooms 1 bathroom Very low turnover, many long term tenants, annual leases $133,800 current annual rent Market rent $144,000 Annual expenses $12,875 All utilities paid by tenants, separately metered All units have washer & dryer & dishwashers Central air Brick buildings with new low maintenance metal roofs Great quiet location in high demand area, close to everything OWNER FINANCING preferred terms: $350K min downpayment 6.75% interest rate 5 years or less balloon payment 30 years amortization, interest only payments option is possible Annual expenses include: ?Taxes -- $7,307 ?Insurance -- $3,891 ?Lawn Care -- $1,500 ?Lighting -- $ 177 Total $12,875

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