1051 3rd Street SE

Turnkey 10-unit townhome complex in Hickory featuring all 2-bed, 1.5-bath, two-story units with private decks and spacious layouts. Several units have been updated within the past two years with new flooring, paint, appliances, and deck improvements. Strong rent history with most units renting between $1,000–$1,130/month and one current vacancy ready for lease. Owner covers City of Hickory water, sewer, and commercial waste (˜$432/mo) and lawn care ($45 per cut), while tenants pay electric. Situated on a large lot with ample parking and mature landscaping, minutes from downtown Hickory, Lenoir-Rhyne University, and major employers. A well-maintained property offering stable income, solid returns, and long-term upside in a strong rental market.
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