Great income producing, investment property opportunity! Four all brick units with 2 bedrooms and 1 bathroom. Each unit is equipped with a washer/dryer, microwave and refrigerator. Great location at entrance to Oliver's Landing.
Multi-familyProperty Type
1972Year Built
0.59 acresLot Size
$170Est. Price/Sq.Ft.
4 spacesParking
Listed by Dan Callahan• Howard Hanna Allen Tate Lake Norman
Listed by Jerry Gardner• Howard Hanna Allen Tate Lake Norman
Bought with Xan Pilgrim• Hickory Real Estate Group, Inc
Renovated in 2007, this complex offers four 2 bedroom / 1 bath units wrapped in brick. Located in the Bethlehem area of Alexander county, each unit has a front porch, large wooden deck on the back, storm doors and paved parking. Hardwood / tile flooring, 3 ceiling fans, stackable washer/dryer combo, refrigerator, dishwasher, range and microwave all new in 2007. All units are currently rented between $550-575 per month.
Public Records
Jun 14, 2007
Sold
$246,000
$78/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,942 (+2.5%)
$21,917 + $251,587
$273,504
2024
$1,895 (−2.8%)
$21,917 + $251,587
$273,504
2023
$1,950 (+63.2%)
$21,917 + $251,587
$273,504
2022
$1,195
$21,917 + $251,587
$273,504
2020
$1,195
$19,925 + $123,560
$143,485
2019
$1,195 (+1.5%)
$19,925 + $123,560
$143,485
2018
$1,178
$19,925 + $123,560
$143,485
2017
$1,178
$19,925 + $123,560
$143,485
Tax history for 635 Cemetery Loop
Year
Property tax
Land + Additions
Assessment*
2025
$1,942 (+2.5%)
$21,917 + $251,587
$273,504
2024
$1,895 (−2.8%)
$21,917 + $251,587
$273,504
2023
$1,950 (+63.2%)
$21,917 + $251,587
$273,504
2022
$1,195
$21,917 + $251,587
$273,504
2020
$1,195
$19,925 + $123,560
$143,485
2019
$1,195 (+1.5%)
$19,925 + $123,560
$143,485
2018
$1,178
$19,925 + $123,560
$143,485
2017
$1,178
$19,925 + $123,560
$143,485
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.