Investment Opportunity in Granite Falls! This eight-unit apartment complex offers an excellent opportunity for investors seeking an income-producing property with all units currently leased. The complex consists of seven two-bedroom, 1.5-bath units and one three-bedroom, 2.5-bath unit (Unit 116). Unit 116 features a spacious main level with a living room, kitchen, pantry, half bath, sunroom, laundry room, single-car garage, and single-car carport. The upper level includes a primary bedroom with a large ensuite bathroom and spacious walk-in closet, along with two additional bedrooms that share a hall bathroom. The remaining seven units feature a living room, kitchen, half bath, patio, and utility room on the main level. The upper level offers two bedrooms, a full hall bathroom, and a laundry closet. Each unit's kitchen is equipped with a refrigerator, range, microwave, and dishwasher. Washers and dryers are not included and are the tenants' responsibility. Water, sewer, and electric services are provided through the Town of Granite Falls, with tenants responsible for all utility costs. Flooring throughout the units consists of a combination of carpet, tile, and vinyl in various areas. All eight units are currently leased/rented, providing an established rental income stream. Please do not disturb the tenants. Showings will be limited to serious and qualified investors.
Property Details
- Cooling
- Central Air
- Heating
- Electric
- Cooling Features
- Central Air
- Bedrooms
- 17
- Bathrooms
- 13.0
- Full Baths
- 9
- Half Baths
- 8
- Acres
- 0.0
- Square Feet
- 9071.0
- Lot Size (sqft)
- 1.61
- Parking Features
- Assigned, Other - See Remarks
- Parking
- 1
- Parking Spaces
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 1.0
- Parking Carport Spaces
- 1.0
- Property Type
- Multi-Family
- Year Built
- 1999
- Foundation
- Slab
- Sewer Information
- Public Sewer
- Utility Source
- City
- Utility Features
- Electricity Connected
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Elementary School
- Granite Falls
- Middle School
- Granite Falls
- High School
- South Caldwell
- County
- Caldwell
- Region
- Granite Falls
- Zoning
- R8
- Original List Price
- $1,250,000
- Days on Market (Cumulative)
- 2
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-09-13T17:23:05Z. 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. Some IDX listings have been excluded from this website.
Provided By
Listed by Lisa Starnes (#CARCV71305)
Listing Office: Baker Realty (#CARcv154)
