Sold

903 N Park Road, Burlington, NC 27217

Beds
2
Bath
1
Sqft
910

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeService
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Overview

Investment Opportunity: Ranch-style property in Burlington on a .18-acre lot. This property features two bedrooms with carpeting, a bathroom with a tub/shower combo and vinyl flooring, and a covered porch. Currently rented at $630/month with a month-to-month lease, well below market value, offering significant potential for rental income growth. The property is priced at over a 7.2% CAP rate based on fair market rental rates. New roof installed in 2021. Sold AS-IS. Don't miss this opportunity to increase cash flow in a desirable location!

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
2
Number of bathrooms
1
Square feet
910
Lot size (acres)
0.18
Year built
1995

Utilities

Heating
Central
Cooling
Ceiling fan(s), Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$600

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Triangle MLS MLS®#: 10072296 Last checked:

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