616 N Mebane ST, Burlington, NC 27217
616 N Mebane ST, Burlington, NC 27217
616 N Mebane ST, Burlington, NC 27217
616 N Mebane ST, Burlington, NC 27217
616 N Mebane ST, Burlington, NC 27217
616 N Mebane ST, Burlington, NC 27217
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$ 299,900
Est. payment | /mo

10 Beds

4 Baths

3,286 SqFt


$ 299,900
Est. payment | /mo

10 Beds

4 Baths

3,286 SqFt

Key Details

Property Type Residential

Sub Type Stick/Site Built

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $91

Lot Size 0.306 Acres

MLS Listing ID 1171998

Bedrooms 10

Full Baths 4

HOA Y/N No

Originating MLS Triad MLS

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

1-purchase type For Sale

Exterior

Pool None

Parking Type Driveway, Gravel

Building

Lot Description City Lot

New Construction No

Sewer Public Sewer

Water Public

Architectural Style Victorian

Schools

Elementary Schools Eastlawn

Middle Schools Broadview

High Schools Hugh M. Cummings

Others

Special Sale Owner Sale

Triad MLS
Listed by Bryan Guarnieri of COLDWELL BANKER - HP&W

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616 N Mebane ST