7-Unit Multifamily
For Sale
Contact for pricing
Pending
525 12th St SW, Hickory, NC 28602
Seven individually deeded residences are leased and include updated interiors with central heating and air conditioning.
Property SizeContact for details
Days on Market145
Property Features for 525 12th St SW
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Thornburg & Associates
Listed By:
Hayden Thornburg · License #NC 288437
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thornburg & Associates
Investment Insights
Based on property information with market context.
This multifamily offering includes seven condominium residences at Grandview Terrace. Each unit is approximately 572 square feet with one bedroom, one bathroom, a refrigerator, dishwasher, stove, and central heat and air. The interiors have been updated as needed, including flooring, appliances, and fixtures, and are described as being in good condition. Laundry facilities are not located within the units; residents use off-site services.
Every residence is separately deeded, allowing the units to remain under one ownership structure while preserving the ability to sell them individually in the future. All seven condos are currently rented. The HOA handles water, sewer, trash, exterior maintenance, and upkeep of the common grounds.
Every residence is separately deeded, allowing the units to remain under one ownership structure while preserving the ability to sell them individually in the future. All seven condos are currently rented. The HOA handles water, sewer, trash, exterior maintenance, and upkeep of the common grounds.
Key Highlights
- Seven condominium units offered together, with each residence separately deeded
- Each unit is approximately 572 sqft with 1 bedroom and 1 bath
- All seven units are currently rented
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
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Business Placement
Demographics for 28602, NC
29,184
Population
12,941
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
70.7 sq mi
ZIP Area
413
Density / Sq Mi
$56,031
Median Household Income
$36,519
Median Earnings
$830
Median Rent
$180,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Seven individually deeded residences are leased and include updated interiors with central heating and air conditioning.
Where is this multifamily property located?
The property is located at 525 12th St SW Hickory, NC.
What are key features of this property?
This property features: Seven condominium units offered together, with each residence separately deeded; Each unit is approximately 572 sqft with 1 bedroom and 1 bath; All seven units are currently rented
