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$ 299,900
Est. payment /mo
Active
616 N Mebane ST Burlington, NC 27217
10 Beds
4 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Stick/Site Built
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1171998
Bedrooms 10
Full Baths 4
HOA Y/N No
Originating Board Triad MLS
Year Built 1950
Lot Size 0.306 Acres
Acres 0.306
Property Sub-Type Stick/Site Built
Property Description
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
Location
State NC
County Alamance
Rooms
Basement Crawl Space
Interior
Heating Multiple Systems, See Remarks
Cooling Multi Units
Exterior
Pool None
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
Architectural Style Victorian
New Construction No
Schools
Elementary Schools Eastlawn
Middle Schools Broadview
High Schools Hugh M. Cummings
Others
Special Listing Condition Owner Sale
Virtual Tour https://u.listvt.com/mls/174957131
Listed by Bryan Guarnieri of COLDWELL BANKER - HP&W