Offered at $205,000 with a recent $300,000 appraisal (copy available upon request), 3605 16th St NE in Hickory presents a rare investment opportunity on a full acre lot. Currently zoned for 4 homes per acre, Catawba County has confirmed that up to 8 townhomes may be built here with approved… Read More plans. The location is already proven—just next door, Bear Park Townhomes is a brand-new development, with a unit closing in May 2025 for $270,000, highlighting the strong demand in this area. The property offers two clear paths for an investor. For builders and developers, the 1-acre site with city water and sewer is ideal for new townhomes. For renovators, the existing brick ranch features 3 bedrooms, 2 baths, 1,395 square feet, and a partially finished attic with private outside entrance. Additional features include a 2-car carport, outbuildings, and mature trees. Recent upgrades include a green metal roof (2020) and windows (2015), though the home will require a full interior renovation—The power has been off since the last tenants left, seller will NOT turn power on. MORE PHOTOS AVAILABLE UPON RQUEST. Whether you choose to renovate the existing home or build new townhomes, this property is a rare and versatile opportunity in a growing Hickory market. Read Less
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Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Lot Size
1 Acres
Year Built
1940
MLS Number
4296111
30 Days Snapshot Of 28601
$380k
+4%
(avg) sold price
57
0%
homes sold
43
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "None"
Building
Finished Area Above Grade: 962, Area: 962, Construction Materials: "Brick Full", Year Built: 1940, Construction Type: Site Built
Cooling
Details: "Heat Pump"
Heating
Heating: "Heat Pump"
Laundry
Description: "Other - See Remarks"
Lot
Size: 1, Size Units: Acres
Utilities
Sewer: "Public Sewer", Water Source: "City"
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 962, Third SqFt: 0, UnheatedMan SqFt: 846, Unheated Total SqFt: 846
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