Back On The Market No Fault of the Seller. Investors & Builders, this is a unique investment opportunity. This property built in 1910 or earlier, located in the railroad district near downtown Burlington. 5,108 sqft on .528-acre lot, is being sold as-is and features both a partial basement and a crawlspace.
Divided into seven units offering flexible rental configurations, four upstairs units consisting of 1 bedroom, 1 bathroom, and a kitchen each, and three downstairs units featuring 2 bedrooms, 1 bathroom, and a kitchen each. The inclusion of a partial basement and crawlspace adds further potential for development or storage options.
Caution this property requires extensive rehabilitation due to years of vacancy. Certain areas of the property may pose safety risks, including weakened floors due to water damage. Be advised, and entry into specific areas is at one's own risk. The seller will not be liable for any injuries sustained on the property.
Despite its current condition, this property presents an exciting opportunity for investors and builders with a keen eye for potential. By restoring this property, you can contribute to the preservation of Burlington's architectural heritage and the revitalization of the surrounding community.
Convenient location close to downtown Burington, Elon University, hospitals, parks, shopping, entertainment, and restaurants.
Send all offers with proof of funds to Stacy Rogers 336-501-5505 s.f.rogers@kw.com; Co-Agent Chris Rogers 336-937-0837; chrisrogers@kw.com. Keller Williams does not hold earnest money. The Buyer's Agent handles verifying all schools.