1103 N Elm Street

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Address: 1103 N Elm St, Lumberton, NC 28358, USA
Atlanta & Southeast + Apartment Buildings
Created date: July 28, 2026
Date last updated: September 10, 2026
Price: $1,250,000Investment Analyzer NEW!

Property Description

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: -New duct works under home -New disposal in kitchen -New paint in several rooms -New HVAC in the cottage -New drain lines for the cottage -Extensive landscaping and driveway improvements; 307 W 18th St: -Complete remodel of a main suite -addition of Complete bath and walk-in closet -New floors throughout -New paint and wallpaper throughout -New drive-through and parking lot in back of house -New siding -paint on the back of the home. -Upgrades to all bathrooms; 840 Jane Street: -New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable
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Broker Details

DAVID ZEITZ
DAVID ZEITZ

COLDWELL BANKER PREMIER TEAM REALTY 910-738-3441 MLS ID: zeitdx State License Number: 200804

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,250,000
No. of Units: 5
Opportunity Zone: No
Price per unit: $250,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1103 N Elm Street, Lumberton, NC 28358, USA
Provided by:
Standard Status: Active
MLS Listing Number: 753726
ID: 3yd-FARNC-753726
Copyright Disclaimer: Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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