102 King Henry Lane
Granite Falls, NC, 28630 $ 1,250,000
Bedrooms17 Baths9.8 Sq 9,071 Monthly Estimate*
$ 8,633
for $1,250,000 with 17 bedrooms and 9 full baths, 8 half baths. This 9,071 square foot home was built in 1999 on a lot size of 1.61.
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.
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FeaturesGeneralLiving Area 9071
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected
Appliances Dishwasher Electric Range Microwave Refrigerator
Zoning R8
Garage Spaces 1
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Brick Partial Vinyl
Exclusions All interior personal property belongs to the tenants with the exception of the kitchen appliances
Pets Allowed No
Year Built 1999
Tenant Pays All Utilities
Stories Count 2
Property Subtype Eightplex
Parcel Number 08 24A 1 1
County Caldwell
New Construction N
Property Type Residential Income
HOA N
Garage Y/N Y
Full Baths 9
Directions From N Main St in Granite Falls turn onto W Highland Ave beside Granite Falls Middle School. Turn right onto Sunset St. Turn left onto Camelot Dr. Turn left onto Robinhood Dr. Turn right onto King He
High School South Caldwell
City Granite Falls
Senior Community Y/N N
Open Parking Spaces 3
Number Of Units Total 8
Lot Size Units Acres
Carport Spaces 1
Carport Y/N Y
Elementary School Granite Falls
Middle/Junior High School Granite Falls
Additional Parcels Y/N N
Virtual Tour https://res.cloudinary.com/luxuryp/videos/f_auto:video q_auto/apxvjalvrmwc2cucahlc/102-116-king-henry-ln-reel https://res.cloudinary.com/luxuryp/videos/f_auto:video q_auto/apxvjalvrmwc2cucahlc/102-116-king-henry-ln-reel
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 826100
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InteriorFlooring Carpet Tile Vinyl
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 9071
Half Baths 8
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 17
Below Grade Finished Area 0
SqFt Garage 248
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ExteriorParking Features Assigned Other - See Remarks
Water Source City
Lot Size Area 1.61
Foundation Details Slab
Building Area Total 9071
Road Surface Type Asphalt Paved
Other Parking The 3 bedroom 2.5 bath unit has 4 car parking: a single built-in garage single carport and two parking spaces.
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,633
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Granite Falls, NC
Average List Price $787,500
Percent of Sale Price 37%
About Granite Falls, NC 5,198 Population
11% Since 2002
$ 42,530 Median Income
41.89 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
293878 Elementary School
293857 Middle School
South Caldwell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/13/2026 | $1,250,000 | | Listed Price |