616 N Mebane Street Active Save Request In-Person Tour Request Virtual Tour
Burlington,NC 27217
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $91
Subdivision Not In A Subdivision
MLS Listing ID 10079503
Bedrooms 10
Full Baths 4
Year Built 1950
Annual Tax Amount $2,751
Lot Size 0.310 Acres
Property Sub-Type Quadruplex
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
Zoning R 9
Interior
Heating Varies by Unit
Cooling Wall/Window Unit(s)
Flooring Carpet
Exterior
View Y/N Yes
Roof Type Shingle
Building
Story 2
Foundation See Remarks
Sewer Public Sewer
Water Public
Structure Type Unknown
New Construction No
Schools
Elementary Schools Alamance - East Lawn
Middle Schools Alamance - Broadview
High Schools Alamance - Hugh Cummings
Others
Special Listing Condition Standard
Virtual Tour https://u.listvt.com/mls/174957131