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18 Berkley Ave, Granite Falls, NC, 28630

6beds
5baths
8,202sqft
$1,375,000
$168price/sqft
$8,977/moest. monthly cost
$359,080/yrincome needed

About This Home

Excellent investment opportunity – Fully Occupied 11-Unit Brick Apartment Complex! This apartment community has been well-maintained with major Improvements taken care of, including a new roof on the upper building in 2025 and on lower building in 2018. Additional list of updates/repairs available, including new windows, new appliances, new flooring (LVP and carpet), fresh paint, new ceiling fans, new lighting, and bathroom upfits in many of the units. Situated just minutes from downtown Granite Falls and approximately 20 minutes from downtown Hickory, this offers both Convenience and long-term rental appeal. No sign on the Property.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

4/10
Granite Falls ElementaryGrades PK-50.9 mi
7/10
Granite Falls MiddleGrades 6-80.5 mi
4/10
South Caldwell HighGrades PK,9-122.2 mi

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Slab
  • Construction materials: Brick Partial

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Apartment

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 11
  • 1/2 bathrooms: 9

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 1,794
  • Finished area above ground: 6,408

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Other
  • Cooling features: Ceiling Fan(s),Heat Pump,Other

Interior Area

  • Total structure area: 8,202
  • Total interior livable area: 8,202 sqft

Property

Details

  • Parcel number: 08 3 2 4
  • Zoning: R-15
  • Special condition: Standard
  • Exclusions: Tenant owned fixtures do not convey

Lot

  • Lot size: 0.65 Acres
  • Features: Paved,Sloped

Parking

  • Parking features: Assigned