1. North Carolina
  2. Clinton
  3. 1116 Phillips Street
$399,900

1116 Phillips Street, Clinton, NC 28328

  • 2 beds |
  • 1 bath |
  • 550 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2.85acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $727/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Four (4) Parcels with 2.85 +- Acres of Land with 14 Single Family Houses. Range of 500 - 600 +- sq. ft. in each house built in 1950 +- and used as rental property. Each house has 2 bedrooms and 1 bath LR and Kitchen Combo. All measurements are approximate. Each may vary some. Houses are in fair to poor condition. Some have Central HVAC some don't. Some need to be remodeled / rebuilt. 5 houses are currently rented for $400. per month. Lots of upside potential with this property for someone looking to invest in residential rental property who does not mind doing some reconstruction / remodeling. ALSO, these parcels have a great potential for total redevelopment for possibly a new construction development for rental property. Call for more information and or a showing of the property. Parcel No. 15114742701, 15114742703, 15114742702, 15114742704. Addresses are 1116,1118,1120,1122,1124,1126,1128,1130,1134,1136,1129,1131,1135,1137 Phillips Street. This property also has room to possibly build more houses if desired. Property and houses are being sold in ''AS IS'' physical condition. Also, Once a new buyer purchases all of the property they they may be able to subdivide each lot off. Talk with the Planning and Zoning office to understand what can be done with this property.

Listing Status:
Active
Date Added:
October 9, 2024 at 05:00AM
Listing Office:
Carr Real Estate Company : 910-592-4232
MLS ID:
100470116
  • General: None
  • Appliances: None
  • Flooring: Vinyl
  • A/C: None
  • Heating: NoneForced Air
  • Fireplace: None

This listing courtesy of Carr Real Estate Company

Monthly Payment

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

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Location

Schools Nearby

B

Butler Avenue Elementary School

301 E Butler Ave, Clinton, NC, 28328

Grades 1-2

0.15 miles away

S

Sampson Middle School

1201 W Elizabeth St, Clinton, NC, 28328

Grades 6-8

1.26 miles away

C

Clinton High School

340 Indian Town Rd, Clinton, NC, 28328

Grades 9-12

1.28 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.