1. North Carolina
  2. Morganton
  3. 406-408 Burkemont Avenue
$1,333,000/mo

406-408 Burkemont Avenue, Morganton, NC 28655

  • 7,904 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $169/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Excellent investment opportunity to own two, fully-occupied 4-unit apartment buildings (8 units total) with exceptional rental income. All apartments are two bedrooms and 1 bathroom. The building has two apartments upstairs and two downstairs with a central hallway and back deck. Downtown Morganton location with excellent long term tenants and 100% occupancy. Investors can enjoy immediate returns from day one while strategically improving the properties for higher rents and long-term growth. Located within walking distance to Case Farms, Wal-Mart, North Carolina School of Science and Math-Morganton, and NC School for the Deaf. Close to Interstate 40 and Downtown Morganton.

Listing Status:
Active
Listing Office:
RE/MAX Southern Lifestyles :
MLS ID:
4294212
  • Appliances: Electric RangeRefrigerator
  • Laundry: Utility Room
  • A/C: Central AirOther - See Remarks
  • Heating: Heat PumpOther - See Remarks

This listing courtesy of RE/MAX Southern Lifestyles

Location

Schools Nearby

F

Forest Hill Elementary School

304 Ann St, Morganton, NC, 28655

Grades PK-5

0.33 miles away

W

Walter Johnson Middle School

701 Lenoir Rd, Morganton, NC, 28655

Grades 6-8

3.32 miles away

F

Freedom High School

511 Independence Blvd, Morganton, NC, 28655

Grades 9-12

1.63 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.