Burlington, NC 27217,616 N Mebane Street
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Burlington, NC 27217,616 N Mebane Street
Burlington, NC 27217,616 N Mebane Street
Burlington, NC 27217,616 N Mebane Street
Burlington, NC 27217,616 N Mebane Street
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Listed by Coldwell Banker HPW
$ 299,900
Est. payment /mo
Active

616 N Mebane Street Burlington, NC 27217

10 Beds

4 Baths

3,286 SqFt


UPDATED:

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

HOA Y/N No

Abv Grd Liv Area 3,286

Originating Board Triangle MLS

Year Built 1950

Annual Tax Amount $2,751

Lot Size 0.310 Acres

Acres 0.31

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

Direction From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.

Interior

Heating Varies by Unit

Cooling Wall/Window Unit(s)

Flooring Carpet

Exterior

View Y/N Yes

Roof Type Shingle

Garage No

Private Pool No

Building

Faces From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.

Story 2

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional, Victorian

Level or Stories 2

Structure Type Unknown

New Construction No

Schools

Elementary Schools Alamance - East Lawn

Middle Schools Alamance - Broadview

High Schools Alamance - Hugh Cummings

Others

Senior Community false

Tax ID 136950

Special Listing Condition Standard

Virtual Tour https://u.listvt.com/mls/174957131


Doorify MLS / Triangle MLS
agent

Koho Realty

Firm License | License ID: C30723

+1(919) 322-8090

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616 N Mebane Street