616 N Mebane Street Active Save Request In-Person Tour Request Virtual Tour
Burlington,NC 27217
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $91
Subdivision Not In A Subdivision
MLS Listing ID 10079503
Bedrooms 10
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,286
Year Built 1950
Annual Tax Amount $2,751
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Quadruplex
Source Triangle 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
Zoning R 9
Direction From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.
Rooms
Bedroom Description Primary Bedroom, Bedroom 2, Bedroom 3, Primary Bathroom, Kitchen, Living Room, Laundry, Entrance Hall, Other, Primary Bedroom, Bedroom 2, Living Room, Kitchen, Other, Primary Bathroom, Utility Room
Interior
Heating Varies by Unit
Cooling Wall/Window Unit(s)
Flooring Carpet
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.
Story 2
Foundation See Remarks
Sewer Public Sewer
Water Public
Architectural Style Traditional,Victorian
Level or Stories 2
Structure Type Unknown
New Construction No
Schools
Elementary Schools Alamance - East Lawn
Middle Schools Alamance - Broadview
High Schools Alamance - Hugh Cummings
Others
Senior Community false
Tax ID 136950
Special Listing Condition Standard
Virtual Tour https://u.listvt.com/mls/174957131