Listed By: K2 Real Estate Group - Contact: olga.leggett@gmail.com
120, 121, 128 Cedar Avenue Hudson, NC 28638
Active (2 Days)
$1,399,000 (USD)
Description
MLS #:
4412691
4412691
Lot Size
1.73 acres
1.73 acres
Type
Multifamily
Multifamily
Year Built
1959
1959
County
Caldwell County
Caldwell County
Listed By
Olga Leggett, K2 Real Estate Group, Contact: olga.leggett@gmail.com
Source
CANOPY MLS - IDX
Last checked Aug 12 2026 at 2:49 AM GMT+0000
CANOPY MLS - IDX
Last checked Aug 12 2026 at 2:49 AM GMT+0000
Bathroom Details
- Full Bathrooms: 12
Subdivision
- None
Property Features
- Foundation: Crawl Space
Heating and Cooling
- Central
- Central Air
Utility Information
- Sewer: Public Sewer
School Information
- Elementary School: Unspecified
- Middle School: Unspecified
- High School: Unspecified
Parking
- Parking Lot
Living Area
- 8,640 sqft
Additional Information: K2 Real Estate Group | olga.leggett@gmail.com
Location
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 8/12/2026 02:49. 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.
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