210 Morehead Street Burlington, NC 27215
Incredible investment opportunity! 7900 square foot 11-unit building, fully rented with several long-term tenants (current tenant average is 11 years). Units vary from studio apartments to 1-bedroom units, each with their own reserved parking space and plenty of street parking. Great location walkable to bus line, train station and restaurants. Projected rental income of $88, 080. Owner pays gas, electricity and water average $7000. All tenants are currently on a lease and all wish to remain in place. Please request a brochure for more information. Secure building with keypad entry. DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT. The Seller is not interested in owner financing.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAlamance
- Taxes$5,243
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number1157353
- Home Size Source N/A
- Year Built1930
- Lot Size0.23 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Two Story
- Construction BrickVinyl Siding
- Parking AssignedOn StreetNo Garage
- Parking Spaces 11
- Sewer Public Sewer
- Acreage 0.23
- Water Public
- Property Sub Type Apartment
- Garage Spaces 0
- Zoning Apartment
Interior Features
- Cooling Multiple Systems
- Heating Multiple SystemsElectricNatural Gas
- Appliances Electric Water Heater
- Flooring CarpetTileVinylWood
- Laundry Features None
Exterior Features
- Pool Features None
- Lot City LotCleared