210 E Morehead Street

Home » All Multifamily Properties » Atlanta & Southeast » 210 E Morehead Street

Address: 210 E Morehead St, Burlington, NC 27215, USA

Atlanta & Southeast + Apartment Buildings

Created date: September 27, 2024

Date last updated: October 2, 2024

Property Description

Incredible investment opportunity! 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.

Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$795,000
Year Built:	1930
Lot Size:	7,900.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here
Number of Bedrooms:	11
Number of Bathrooms:	11

Address: 210 E Morehead Street, Burlington, NC 27215, USA

Provided by:

Standard Status: Active

MLS Listing Number: 10055302
ID: 3yd-TRIANGLE-10055302

Copyright Disclaimer: Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.