210 E Morehead Street Pending Save Request In-Person Tour Request Virtual Tour
Burlington,NC 27215
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 7,900 sqft
Price per Sqft $100
Subdivision Not In A Subdivision
MLS Listing ID 10055302
Style Multi Family
Bedrooms 11
Full Baths 11
Year Built 1930
Annual Tax Amount $3,101
Lot Size 10,018 Sqft
Property Description
WE CURRENTLY HAVE AN OFFER IN ATTORNEY REVIEW AND ARE NOT ALLOWING SHOWINGS. IF YOUR CLIENT WANTS TO MAKE A BACKUP OFFER PLEASE EMAIL IT TO ME. 7900 square foot 11-unit building, fully rented (one tenant has been asked to vacate) with several long-term tenants (current tenant average is 10+ years). Units vary from studio apartments to 1-bedroom units, each with their own reserved parking space and plenty of street parking. Great location walkable to bus line, train station and restaurants. Projected rental income of $88,080. Owner pays gas for the water heater, electricity for the common areas and water average $7000. All tenants (except 1) are currently on a lease and all wish to remain in place. Please request a brochure for more information. Secure building with keypad entry. DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT.
Location
State NC
County Alamance
Zoning Apartment
Rooms
Other Rooms None
Interior
Heating Natural Gas,Space Heater,Wall Furnace,Other
Cooling Multi Units
Flooring Ceramic Tile,Hardwood,Vinyl,Tile
Laundry None
Exterior
Exterior Feature Rain Gutters,Storage
Fence None
Pool None
Community Features None
Utilities Available Cable Available,Cable Connected,Electricity Connected,Natural Gas Available,Phone Available,Sewer Connected,Water Connected
Waterfront No
View Y/N Yes
View City
Roof Type Shingle
Building
Lot Description City Lot,Paved
Building Description Brick Veneer, Shared Utilities
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Alamance - Grove Park
Middle Schools Alamance - Turrentine
High Schools Alamance - Walter Williams
Others
Special Listing Condition Standard