1103 N Elm Street Lumberton, NC 28358
Listing Courtesy of: FAYETTEVILLE NC / Coldwell Banker Premier Team Realty / David Zeitz

  1103 N Elm Street Lumberton, NC 28358

Active (125 Days)

Description

It's a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Long-term professional tenants under lease. Net Operating Income in the range of $180,000 per year offers investors a CAP rate of 12.9%. They 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.

MLS #:
717608
Type
Multifamily
Year Built
1920
Style
Other
County
Robeson County

Listed By

David Zeitz, Coldwell Banker Premier Team Realty
Source
FAYETTEVILLE NC
Last checked May 2 2024 at 2:50 AM GMT+0000
Bathroom Details
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Robeson Co Schools
  • Middle School: Robeson Co Schools
  • High School: Robeson Co Schools
Additional Listing Info
  • Buyer Brokerage Commission: 3.00
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 28, 2024
Price Changed
$1,395,000
-7%
-100,000
Dec 28, 2023
Original Price
$1,495,000
-
-
Disclaimer: Copyright 2024 Fayetteville NC MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/1/24 19:50