$299,900
For Sale

616 N Mebane Street

Burlington, NC 27217
3286 sqft | 10 beds | 4 baths | 0.31 acres | #1171998
Browse 49 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • High SchoolHugh M. Cummings
      • Property SubtypeStick/Site Built
      • Sewer InformationPublic Sewer
      • Basement DescriptionCrawl Space
      • StyleVictorian
      • Middle SchoolBroadview
      • Lot DescriptionCity Lot
      • Property TypePurchase
      • Elementary SchoolEastlawn
      • CountyAlamance
      • MLS #1171998
      • MLS #1171998
      • Utility SourcePublic
      • Taxes Annual$2,751
      • Cost299900
      • Acres0.306
      • Square Feet3286
      • Year Built1950
      • Bedrooms10
      • Bathrooms4
      • Full Baths4
      • Basement1

Location

LuAnne Williams | EDGE RealtyReal Estate Group

Interested in Purchasing 616 N Mebane Street?

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10.0%

Interest Rate

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6.0%

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2.6%
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