About This Home

This 17-bedroom, 7-bathroom residential multi family at 102 King Henry Lane in Granite Falls, NC is listed for $1,250,000. Built in 1999, on a 1.61 acres lot.

Key Features

  • Built in 1999
  • 1.61 acre lot
  • 2 stories

Property Details

2 stories
9 full, 8 half
1-car garage
1999

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

102 King Henry Lane

Granite Falls, NC 28630

Property Details

Flooring

CarpetTileVinyl

Construction

Brick Partial Vinyl

Outdoor Features

Patio

Parking

Assigned

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherElectric RangeMicrowaveRefrigerator

Questions & Answers

This 17-bedroom, 7-bathroom residential multi family at 102 King Henry Lane is listed at $1,250,000. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1999, 1.61 acre lot, 2 stories.

This property is listed by Lisa Starnes.

LS

Lisa Starnes

Agent at Baker Realty

Listed by Baker Realty · Broker phone: (828) 493-3184 · View on Broker Site · Broker website

MLS# 4411677· Source: Canopy MLS· 44 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

102 King Henry Lane, Granite Falls, NC 28630

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