Burlington, NC 27217,1121 Jackson Street
Burlington, NC 27217,1121 Jackson Street
Burlington, NC 27217,1121 Jackson Street
Burlington, NC 27217,1121 Jackson Street
Burlington, NC 27217,1121 Jackson Street
Burlington, NC 27217,1121 Jackson Street
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Listed by Navigate Realty
$ 475,000
Est. payment | /mo

2 Beds

1 Bath

624 SqFt


Save
$ 475,000
Est. payment | /mo
Save

2 Beds

1 Bath

624 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 624 sqft

Price per Sqft $761

Subdivision To Be Added

MLS Listing ID 10111779

Style Multi Family

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 624

Year Built 1995

Annual Tax Amount $1,034

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Quadruplex

Source Triangle MLS

Property Description

2 Parcels being sold the 4 unit Apartment building and Vacant lot (Tax Parcel #136348) both zoned as commercial. Vacant lot size is .31 acres + Apartment building .33 for a total of .64 acres. Incredible opportunity for investors! Each unit in the apartment building offers 2 bedrooms and 1 bathroom. Three of the four units have been beautifully renovated and are currently rented at $995/month, generating immediate income. The fourth unit is ready for your finishing touch—add value and boost your return! One lease expires 10/31 and rent will go up to $1100. The vacant lot opens up additional development potential to build another 4 unit rental. Whether you're looking to grow your portfolio or house hack your first property, this is a chance to own a cash -flowing asset with upside in a great location. Don't miss it!

Location

State NC

County Alamance

Direction I-40 West Follow I-40 to Mt Willing Rd in Efland. Take exit 160 from I-40 Take S Efland-Cedar Grove Rd and Harmony Church Rd to State Hwy 49 S in Alamance County Follow State Hwy 49 S to NC-62 S Follow NC-62 S to Jackson St in Burlington Continue straight onto NC-62 S Turn right onto Key St Turn right onto Jackson St

Rooms

Other Rooms Primary Bedroom (Main)

Primary Bedroom Level Main

Interior

Heating Heat Pump, Hot Water

Cooling Heat Pump

Flooring Laminate

Exterior

View Y/N Yes

Roof Type Asphalt

Garage No

Private Pool No

Building

Faces I-40 West Follow I-40 to Mt Willing Rd in Efland. Take exit 160 from I-40 Take S Efland-Cedar Grove Rd and Harmony Church Rd to State Hwy 49 S in Alamance County Follow State Hwy 49 S to NC-62 S Follow NC-62 S to Jackson St in Burlington Continue straight onto NC-62 S Turn right onto Key St Turn right onto Jackson St

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Structure Type Aluminum Siding

New Construction No

Schools

Elementary Schools Alamance - Hillcrest

Middle Schools Alamance - Turrentine

High Schools Alamance - Walter Williams

Others

Senior Community No

Tax ID 136344

Special Listing Condition Standard

Doorify MLS / Triangle MLS
Jason Walters

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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1121 Jackson Street