119 & 120 N Ireland Street Active

Burlington,NC 27217

$ 1400000

- Bed

- Bath

16488 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,488 sqft

Price per Sqft $84

MLS Listing ID 10008204

Style Multi Family

Year Built 1920

Annual Tax Amount $9,513

Lot Size 0.950 Acres

Property Sub-Type Multi Family

Property Description

Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed.
21 units are one bdrms approx. 700 sqft. ,
one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft.
Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC's. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.

Location

State NC

County Alamance

Interior

Cooling Central Air,Window Unit(s)

Exterior

Roof Type Shingle

Building

Lot Description Paved

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Special Listing Condition Standard

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