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210 Morehead Street

Burlington, NC 27215
  • $795,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 1157353
$795,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Incredible investment opportunity! 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.

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Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Carolinas Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-10-04T23:30:56.453.
www.houseforsalenc.com/homes/155933893
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210 Morehead Street Burlington, NC 27215

  • Price: $795,000
  • Status: Active
  • On Site: 7 Days
  • MLS #: 1157353
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1930
Built
County:
Alamance
Area:
Alamance
Elementary School:
Grove Park
Middle School:
Turrentine
High School:
Williams
Property Description
Incredible investment opportunity! 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.
Exterior Features

Construction Materials BrickVinyl Siding Garage Description None Parking Features AssignedOn StreetNo Garage Parking Total 11 Pool Features None Pool YN No

Interior Features

Appliances Electric Water Heater Basement YN Yes Cooling Multiple Systems Flooring CarpetTileVinylWood Heating Multiple SystemsElectricNatural Gas Laundry Features None Storage Closet Units Furnished None Water Heater Electric

Property Features

Architectural Style Two Story Association YN No Built Information Existing City Limits YN Yes Heating Fuel ElectricNatural Gas Land Description Clear Listing Terms CashConventional Lot Features City LotCleared Num Unfurnished Units 11 Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Owner Sale Tax Annual Amount 5243 Water Source Public

Listing information © 2024 Triad MLS, Inc. All rights reserved. Listing provided courtesy of RE/MAX DIAMOND REALTY: . Information deemed reliable but not guaranteed.


Listing information © 2024 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Carolinas Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2024-10-04T23:30:56.453.
 
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Berkshire Hathaway HomeServices Carolinas Realty
500 Pineview Dr. Suite 201
Kernersville NC, 27284