616 N Mebane Street, Burlington, NC 27217
616 N Mebane Street, Burlington, NC 27217
616 N Mebane Street, Burlington, NC 27217
47
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Listed by Coldwell Banker HPW
$299,900
Est. payment /mo
10 Beds
4 Baths
3,286 SqFt
Active

616 N Mebane Street Burlington, NC 27217

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $91

Subdivision Not In A Subdivision

MLS Listing ID 10079503

Bedrooms 10

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,286

Year Built 1950

Annual Tax Amount $2,751

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Quadruplex

Source Triangle MLS

Property Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. 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.

Location

State NC

County Alamance

Zoning R 9

Direction From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.

Rooms

Other Rooms Primary Bedroom: 10.58 x 13.5 (Main)
Primary Bedroom: 8.83 x 12.08 (Main)
Bedroom 2: 10.25 x 16.08 (Main)
Bedroom 2: 7.33 x 16.08 (Main)
Bedroom 3: 7.42 x 17.42 (Main)
Kitchen: 13.33 x 11.58 (Main)
Kitchen: 10.9 x 12.08 (Main)
Laundry: 8 x 6.28 (Main)
Other: 39.75 x 9.75 (Main)
Other: 5.9 x 4.08 (Main)

Primary Bedroom Level Main

Interior

Heating Varies by Unit

Cooling Wall/Window Unit(s)

Flooring Carpet

Exterior

View Y/N Yes

Roof Type Shingle

Garage No

Private Pool No

Building

Faces From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the left.

Story 2

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional, Victorian

Level or Stories 2

Structure Type Unknown

New Construction No

Schools

Elementary Schools Alamance - East Lawn

Middle Schools Alamance - Broadview

High Schools Alamance - Hugh Cummings

Others

Senior Community No

Tax ID 136950

Special Listing Condition Standard

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Alberto Barragan

Alberto Barragan

Broker | License ID: 332454

+1(203) 873-9150

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616 N Mebane Street