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105 N Mcrae Street , 105A&B,107A&B

Burgaw, NC 28425
  • $274,900
  • STATUS: Active
  • ON SITE: 135 Days
  • MLS #: 100281956
UPDATED: 40 min ago
$274,900
  • 6
    BEDS
  • 0.69
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Four units fully rented with month to month tenants in place. Investment opportunity is a rare find in this market. This property has an excellent cash flow with potential to increase rents with upgrades and renovations in the future. One of the best multi-family income producing properties in close proximity to Wilmington.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-03T16:57:53.03.
www.explorewilmingtonhomes.com/homes/119500986
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105 N Mcrae Street , 105A&B,107A&B Burgaw, NC 28425

  • Price: $274,900
  • Status: Active
  • On Site: 135 Days
  • Updated: 40 min ago
  • MLS #: 100281956
6
Beds
4
Baths
0
½ Baths
0.69
Acres
1945
Built
Neighborhood:
Not In Subdivision
County:
Pender
Area:
Burgaw
Elementary School:
C F Pope
Middle School:
Burgaw
High School:
Pender
Property Description
Four units fully rented with month to month tenants in place. Investment opportunity is a rare find in this market. This property has an excellent cash flow with potential to increase rents with upgrades and renovations in the future. One of the best multi-family income producing properties in close proximity to Wilmington.
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Detached Garage Spac 0.00 Exterior Features Storm Doors Exterior Finish Vinyl Siding Fencing None Foundation Crawl SpaceSlab Location Type Mainland Lot Dimensions 164X183 Lot Sq Ft 30056.00 Lot Water Features None Parking Driveway Off StreetOn SiteSharedUnpaved Porch Balcony Deck Porch Road Type Frontage Public (City/Cty/St) Roof Shingle Total Carport Spaces 0.00 Waterfront No Waterview No

Interior Features

1 Bedroom Appliances RefrigeratorStove/Oven - Electric 1 Bedroom Cooling Central 1 Bedroom Features Kitchen 1 Bedroom Heating ElectricForced Air 1 Bedroom Units Avg Sqft 605 1 Bedroom Units Full Baths 1 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 3 2 Bedroom Appliances RefrigeratorStove/Oven - Electric 2 Bedroom Cooling Wall/Window Unit 2 Bedroom Features Kitchen 2 Bedroom Heating ElectricForced Air 2 Bedroom Units Avg Sqft 704 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 4 3 Bedroom Appliances RefrigeratorStove/Oven - Electric 3 Bedroom Cooling Wall/Window Unit 3 Bedroom Features Kitchen 3 Bedroom Heating ElectricForced Air 3 Bedroom Units Avg Sqft 704 3 Bedroom Units Full Baths 1 3 Bedroom Units Half Baths 0 3 Bedroom Units Total Rooms 2 Appliances Equipment RefrigeratorStove/Oven - Electric Attic None Basement None Cooling System CentralWall/Window Unit(S) Efficiency Apartment Avg Sqft 1210 Efficiency Apartment Full Baths 1 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 600.00 Efficiency Apartment Total Rooms 4 Efficiency Appliance RefrigeratorStove/Oven - Electric Efficiency Features Kitchen Efficiency Heating ElectricForced Air Fireplace None Heating System ElectricForced Air Interior Features Blinds/Shades Stories Levels 1st Floor2Nd Floor

Property Features

1 Bedroom Rent Freq Monthly 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 650.00 2 Bedroom Rent Freq Monthly 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 550.00 3 Bedroom Rent Freq Monthly 3 Bedroom Units Occupied Yes 3 Bedroom Units Rent 500.00 Auction No City Limits Yes Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Monthly Financials Available No Fuel Tank None Gross Rental Income Year Collected 27600 Hoa And Neighborhood Amenities No Amenities Hoa YN No Multifamily Sub Type Quadruplex New Construction No Possession At Closing Property Management Company No Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Sewer Municipal SewerMunicipal Water Zoning Ra



Listing information © 2021 NCRMLS
Listing provided courtesy of Jason W Johnson of Century 21 Sweyer & Associates - Landfall.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-03T16:57:53.03.
 
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David Cummings Real Estate Team | Intracoastal Realty
1650 Military Cutoff Rd
Wilmington NC, 28403