Updated 3BR/1BA investment property offering immediate rental income with additional upside potential. Significant 2023 capital improvements include a rehab, new roof, and new HVAC system, helping reduce near-term capital expenses. Seller prefers to sell this property as part of a portfolio but will consider individual property sales. Please do not disturb tenant. Property may be shown only after an accepted contract during the Due Diligence Period. Photographs were taken prior to tenant occupancy. See the attached Alamance Residential Investment Portfolio Summary for information on the complete portfolio, including current and estimated market rents, recent capital improvements, and the other available properties.
| MLS # | 10184379 |
|---|---|
| Listing Type | For Lease |
| Style | House |
| Status | Pending |
| Year | 1951 |
| Days On Site | 18 |
| Listing Provided By | Stanley Real Estate Services | Rob Stanley |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,095 |
| Story(s) | 1 |
| Acreage | 0.42 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Rooms Total | 1 |
| Roof | Shingle |
|---|---|
| Foundation Details | Crawlspace |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Tax Assessed Value | 142118 |
|---|---|
| Tax Legal Description | Hl 2208 Young St Lt 1 121-496-101 |
| Tax Year | 2025 |
| Tax Map Number | 1 |
| State | NC |
|---|---|
| County | Alamance |
| City | Burlington |
| Zip Code | 27215 |
| Area | Alamance |
| Community Name | Not in a Subdivision |
| School District | Alamance Burlington - Graham Hig |
| Elementary School | Alamance Burlington - Harvey R N |
| High School | Alamance Burlington - Graham Hig |
| Listing VS Median (in Not in a Subdivision) | |
Price: $179,900 low | high Med: $319,900 sqft: 1,095 low | high Med: 1,271 $ / sqft: $164 low | high Med: $252 On site: 18 low | high Med: 114 | |
| State | NC |
|---|---|
| County | Alamance |
| City | Burlington |
| Zip Code | 27215 |
| Area | Alamance |
| Community Name | Not in a Subdivision |
| School District | Alamance Burlington - Graham Hig |
| Elementary School | Alamance Burlington - Harvey R N |
| High School | Alamance Burlington - Graham Hig |
| Listing VS Median (in Not in a Subdivision) | |
Price: $179,900 low | high Med: $319,900 sqft: 1,095 low | high Med: 1,271 $ / sqft: $164 low | high Med: $252 On site: 18 low | high Med: 114 | |