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Listed by Peterson Real Estate Propertie
$ 1,400,000
Est. payment /mo
Active
119 & 120 N Ireland Street Burlington, NC 27217
16,488 SqFt
UPDATED:
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
Abv Grd Liv Area 16,488
Originating Board Triangle MLS
Year Built 1920
Annual Tax Amount $9,513
Lot Size 0.950 Acres
Acres 0.95
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.
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
Direction USE GPS
Interior
Cooling Central Air, Window Unit(s)
Appliance Range, Refrigerator, Oven
Exterior
Roof Type Shingle
Private Pool No
Building
Lot Description Paved
Faces USE GPS
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Brick
New Construction No
Others
Special Listing Condition Standard
