616 N Mebane ST Active

Burlington,NC 27217

$ 299900

10 Beds

4 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Stick/Site Built

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1171998

Bedrooms 10

Full Baths 4

HOA Y/N No

Originating Board Triad MLS

Year Built 1950

Lot Size 0.306 Acres

Acres 0.306

Property Sub-Type Stick/Site Built

Property Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing 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

Rooms

Basement Crawl Space

Interior

Heating Multiple Systems,See Remarks

Cooling Multi Units

Exterior

Pool None

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Architectural Style Victorian

New Construction No

Schools

Elementary Schools Eastlawn

Middle Schools Broadview

High Schools Hugh M. Cummings

Others

Special Listing Condition Owner Sale

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