616 n mebane streetBurlington, NC 27217

$299,900Price
10Beds
4Baths
3,286 Sq.Ft.$91 / Sq.Ft.
3,286Sq.Ft.
$91per Sq.Ft.
$299,900Price
10Beds
4Baths
3,286$91.27 / Sq.Ft.

616 n mebane streetBurlington, NC 27217

Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. No showings as all 4 units are rented to separate tenants so will need a LOI/POF to schedule 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.

Property Details for 616 N Mebane Street

  • Architectural StyleTraditional, Victorian
  • Parking FeaturesCircular Driveway, Driveway
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #CAR4228232
  • Days on Site1
  • MLS TypeResidential Income
  • Year Built1950
  • CountryAlamance

Location

NCBurlington27217616 N Mebane Street

Listing Courtesy of Coldwell Banker HPW - Bryan Guarnieri

LISTING UPDATED:

  • StatusActive
  • MLS #CAR4228232
  • Days on Site1
  • MLS TypeResidential Income
  • Year Built1950
  • CountryAlamance

Building Information for 616 N Mebane Street

Payment Calculator

$3,096 per month30 year fixed, 7.00% Interest
Principal and Interest$1,596.19
Property Taxes$1,499.5
HOA Dues$0

Term

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Home Price

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Property Information for 616 N Mebane Street

Summary

Location and General Information

  • Directions: 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.
  • Coordinates: 36.0924694,-79.42797186

School Information

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Taxes and HOA Information

  • Parcel Number: 136950
  • Tax Legal Description: HL 616 N MEBANE ST

Virtual Tour

    Parking

    • Open Parking: No

    Interior and Exterior Features

    Interior Features

    • Cooling: Varies by Unit
    • Heating: Other - See Remarks
    • Appliances: Other
    • Foundation: Crawl Space

    Exterior Features

    • Construction Materials: Other - See Remarks
    • Pool Features: None
    • Road Surface Type: Dirt, Gravel, Paved
    • Laundry Features: Other - See Remarks
    • Pool Private: No

    Property

    Utilities

    • Sewer: Public Sewer
    • Water Source: City

    Property and Assessments

    • Home Warranty: No

    Green Features

      Lot Information

      • Above Grade Finished Area: 3286

      Rental

      Rent Information

      • Land Lease: No

      Public Records for 616 N Mebane Street

      Home Facts