210 E Morehead Street
Burlington, NC 27215
7900 sqft | 11 beds | 11 baths | 0.23 acres | #10055302
Description
WE CURRENTLY HAVE AN OFFER IN ATTORNEY REVIEW AND ARE NOT ALLOWING SHOWINGS. IF YOUR CLIENT WANTS TO MAKE A BACKUP OFFER PLEASE EMAIL IT TO ME. 7900 square foot 11-unit building, fully rented (one tenant has been asked to vacate) with several long-term tenants (current tenant average is 10+ 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 for the water heater, electricity for the common areas and water average $7000. All tenants (except 1) 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.
Interior Details
- InteriorApartment/Suite, Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Storage
Heating & Cooling
- HeatingNatural Gas, Space Heater, Wall Furnace, Other
- CoolingMulti Units
Beds & Baths
- Bedrooms11
- Bathrooms11
- Full Baths11
Property Details
- Exterior FeaturesRain Gutters, Storage
- Exterior MaterialsRain Gutters, Storage
- Lot FeaturesCity Lot, Paved
- Lot DescriptionCity Lot, Paved
- ViewCity
- Stories3
Measurements
- Acres0.23
- Square Feet7900
Parking
- Parking FeaturesAssigned, On Street, Parking Lot, Paved
Construction Details
- Basement DescriptionBlock, Crawl Space, Unfinished
- Property TypeMulti-Family
- StyleTransitional
- Basement1
- Basement Finished1
Condition
- Year Built1930
Material information
- RoofShingle
Utilities / Energy Details
- Utility FeaturesCable Available, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connecte
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionNot in a Subdivision
Location
- High SchoolAlamance - Walter Williams
- Elementary SchoolAlamance - Grove Park
- Middle SchoolAlamance - Turrentine
- ZoningApartment
- CountyAlamance
Financial Details
- Taxes Annual$3,101
Other
- MLS #10055302
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Marlo Countiss (#C25438)
Listing Office: Re/MaxDiamond Realty (#1736)
Listing Courtesy (Buyer)
Buyer's Agent: Nick Kolb (#94874)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
