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Listed price in listed location currency (USD).
$850,000
$795,000

111111

MLS® 10055302

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 7900 sqft
Garage No
Maintenance Fees 
Taxes $3,102
Approx. Age 1930
Avg. Price Per Sqft $100
MLS® Number 10055302

Property Address: 210 E Morehead St, Burlington, NC, 27215-3679

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number10055302
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Jan 13, 2025End Date
$850,000Sold Price

Sold

Sep 27, 2024List Date
$795,000List Price

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