1121 Jackson Street Active Save Request In-Person Tour Request Virtual Tour
Burlington,NC 27217
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $190
MLS Listing ID 10111761
Year Built 1995
Annual Tax Amount $1,034
Lot Size 0.330 Acres
Property Sub-Type Multi Family
Property Description
2 Parcels being sold the 4 unit Apartment building and Vacant lot (Tax Parcel #136348) both zoned as commercial. Vacant lot size is .31 acres + Apartment building .33 for a total of .64 acres. Incredible opportunity for investors! Each unit in the apartment building offers 2 bedrooms and 1 bathroom. Three of the four units have been beautifully renovated and are currently rented at $995/month, generating immediate income. The fourth unit is ready for your finishing touch—add value and boost your return! One lease expires 10/31 and rent will go up to $1100. The vacant lot opens up additional development potential to build another 4 unit rental. Whether you're looking to grow your portfolio or house hack your first property, this is a chance to own a cash -flowing asset with upside in a great location. Don't miss it!
Location
State NC
County Alamance
Building
Building Description Aluminum Siding, Cable TV,High Speed Internet
Structure Type Aluminum Siding
New Construction No
Others
Special Listing Condition Standard