1. North Carolina
  2. Burlington
  3. 616 N Mebane Street
$299,900

616 N Mebane Street, Burlington, NC 27217

  • 10 beds |
  • 4 baths |
  • 3,286 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $91/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
COLDWELL BANKER - HP&W : 919-732-6101
Listing Agent:
Bryan Guarnieri : 919-906-4840
MLS ID:
1171998
  • Basement: Crawl Space
  • A/C: Multi Units
  • Heating: Multiple SystemsSee Remarks
  • Fireplace: Fireplaces: 0

This listing courtesy of Bryan Guarnieri, COLDWELL BANKER - HP&W

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eastlawn Elementary School

502 N Graham Hopedale Rd, Burlington, NC, 27217

Grades PK-5

1.33 miles away

B

Broadview Middle School

2229 Broadview Dr, Burlington, NC, 27217

Grades 6-8

1.77 miles away

H

Hugh M. Cummings High School

2200 N Mebane St, Burlington, NC, 27217

Grades 9-12

1.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.