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Pointe Realty Group

[email protected] +1(919) 614-4360

Listed by Navigate Realty

$ 475,000

Est. payment -/mo

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Active

1121 Jackson Street Burlington, NC 27217

2,496 SqFt

UPDATED:

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

Abv Grd Liv Area 2,496

Year Built 1995

Annual Tax Amount $1,034

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Multi Family

Source Triangle MLS

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

Direction I-40 West Follow I-40 to Mt Willing Rd in Efland. Take exit 160 from I-40 Take S Efland-Cedar Grove Rd and Harmony Church Rd to State Hwy 49 S in Alamance County Follow State Hwy 49 S to NC-62 S Follow NC-62 S to Jackson St in Burlington Continue straight onto NC-62 S Turn right onto Key St Turn right onto Jackson St

Exterior

Private Pool No

Building

Building Description Aluminum Siding, Cable TV,High Speed Internet

Faces I-40 West Follow I-40 to Mt Willing Rd in Efland. Take exit 160 from I-40 Take S Efland-Cedar Grove Rd and Harmony Church Rd to State Hwy 49 S in Alamance County Follow State Hwy 49 S to NC-62 S Follow NC-62 S to Jackson St in Burlington Continue straight onto NC-62 S Turn right onto Key St Turn right onto Jackson St

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Pointe Realty Group

+1(919) 614-4360

Pointe Realty Group

1121 Jackson Street Burlington, NC 27217

Key Details

Location

Exterior

Building

Others

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