616 N Mebane ST Active

Burlington,NC 27217

$ 299900

10 Beds

4 Baths

3286 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $91

MLS Listing ID 4228232

Style Traditional,Victorian

Bedrooms 10

Full Baths 4

Year Built 1950

Lot Size 0.306 Acres

Property Sub-Type Fourplex

Property Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. No showings as all 4 units are rented to separate tenants so will need a LOI/POF to schedule and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.

Location

State NC

County Alamance

Zoning R 9

Interior

Heating Other - See Remarks

Cooling Varies by Unit

Laundry Other - See Remarks

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Other - See Remarks

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Acceptable Financing Cash,Conventional,Exchange,Owner Financing

Listing Terms Cash,Conventional,Exchange,Owner Financing

Special Listing Condition Subject to Lease,None

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