Keller Williams Lake Norman - Cornelius - Mallorie McClure
1/14
Listing Courtesy Of: Huffman Realty Group, LLC, brandy.hrg@gmail.com, Brandy Huffman , MLS# 4158240
Listing Sold By: Reule Real estate LLC
Local Realty Services Provided By: Keller Williams Unified
Overview
What It'll Cost
Neighborhood
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$1,700,000
3214 Freezer Locker Road, Hudson, NC 28638
65 Beds
15,125 sq ft
11 ac
$1,700,000

3214 Freezer Locker Road, Hudson, NC 28638

Estimation provided by Keller Williams Realty Inc.
65 Beds
15,125 sq ft
11 ac
Closed
Sold

Property Description

Introducing an exceptional investment opportunity with high revenue potential! 31 units total. This property features (1) 3-bedroom, 2-bathroom brick home along with (30) 2-bedroom, 1-bathroom apartment units. Eleven of these units have been completely remodeled to modern standards, and several others boast new roofs, ensuring minimal maintenance in the near future. Currently 20 units are rented. A few units need minimal work to get back in use. Situated on a sprawling 11-acre lot, approximately 8 acres are primed for additional expansion, offering vast possibilities for further development and increased rental income. This combination of established rental units and significant expansion potential makes this property a cash cow for savvy investors. Don’t miss out on this chance to maximize your return on investment!

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
15,125 sq ft
Year Built
1972
Days on Site
255 Days
HVAC
Baseboard
Parking
Yes
Mallorie McClure at Keller Williams Lake Norman - Cornelius
Keller Williams Lake Norman - Cornelius
351949

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimated Monthly Payment

Purchase Price: $1,700,000
Principal + Interest
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Price & Tax History

Date
Event
Price
09/17/2024
Price Decrease
$1,900,000
(-5%)
07/15/2024
Listed
$1,999,999
(+66.67%)
09/28/2023
Sold
$1,200,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$2,876
(+1.91%)
$345,400
Land 89,300 + Additions 256,100
2022
$2,822
$345,400
Land 89,300 + Additions 256,100
2021
$2,822
(+15.22%)
$345,400
Land 89,300 + Additions 256,100
2019
$2,449
(-2.62%)
$311,100
Land 81,700 + Additions 229,400
2018
$2,515
$311,100
Land 81,700 + Additions 229,400
2017
$2,515
$311,100
Land 81,700 + Additions 229,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Mallorie McClure at Keller Williams Lake Norman - Cornelius
Keller Williams Lake Norman - Cornelius
351949

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