Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed. 21 units are one bdrms approx. 700 sqft. , one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft. Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC's. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.
MLS# | 10008204 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 226 |
Listing Provided By | Peterson Real Estate Propertie | Nikeica Peterson |
SQ Feet | 16,488 |
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Story(s) | 1 |
Units | 25 |
Acreage | 0.95 |
State | NC |
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County | Alamance |
City | Burlington |
Zip Code | 27217 |
Area | Alamance |
Listing VS Median (in 27217) | |
Price: $1,400,000 low | high Med: $259,500 SqFt: 16,488 low | high Med: 1,413 $ / SqFt: $85 low | high Med: $185 On Site: 226 low | high Med: 91.500000 |