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616 N Mebane Street

Burlington, NC 27217
  • $299,900
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 1172004
UPDATED: 49 min ago
$299,900
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing 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.

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Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-03-16T18:30:27.5.
www.lewisclarkrealtorsgso.com/homes/161007370
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616 N Mebane Street Burlington, NC 27217

  • Price: $299,900
  • Status: Active
  • On Site: 13 Days
  • Updated: 49 min ago
  • MLS #: 1172004
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1950
Built
Neighborhood:
None
County:
Alamance
Area:
Alamance
Elementary School:
Eastlawn
Middle School:
Broadview
High School:
Hugh M. Cummings
Property 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. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing 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.
Exterior Features

Parking Features DrivewayGravel Pool Features None Pool YN No

Interior Features

Basement YN No Cooling Multiple Systems Heating Multiple SystemsSee Remarks Units Furnished None Water Heater Unknown

Property Features

Architectural Style Two Story Association YN No Built Information Existing City Limits YN Yes Heating Fuel Remarks Listing Terms CashConventional Lot Features City Lot Num Unfurnished Units 4 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Owner Sale Tax Annual Amount 2751.96 Water Source Public

Listing information © 2025 Triad MLS, Inc. All rights reserved. Listing provided courtesy of COLDWELL BANKER - HP&W: . Information deemed reliable but not guaranteed.


Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Lewis & Clark, Realtors® are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-03-16T18:30:27.5.
 
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Lewis & Clark, Realtors®
1016 N. Elm Street
Greensboro NC, 27401