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Sold for $850,000 on 01/13/25
  • $850,000

    210 E Morehead St, Burlington, NC 27215

    --beds
    --baths
    --sqft
    Apartment, Multi Family
    Built in 1930
    -- sqft lot
    $856,000 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2025 at 06:45am

    Listed by:

    Marlo Countiss 336-269-5292,

    RE/MAX DIAMOND REALTY,

    Laura Countiss 336-269-4883,

    RE/MAX DIAMOND REALTY

    Bought with:

    NONMEMBER NONMEMBER

    nonmls

    Source: Triad MLS,MLS#: 1157353MLS LogoOriginating MLS: Greensboro

    Facts & features

    Interior

    Heating
    • Multiple Systems, Electric, Natural Gas
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Water Heater
    • Laundry: None
    Features
    • Storage
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 7,900

    Property

    Parking
    • Total spaces: 11
    • Parking features: Assigned, On Street, No Garage
    • Has uncovered spaces: Yes
    Features
    • Pool features: None
    Lot
    • Size: 0.23 Acres
    • Features: City Lot, Cleared, Not in Flood Zone
    Details
    • Parcel number: 135516
    • Zoning: Apartment
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Apartment, Multi Family
    Materials
    • Brick, Vinyl Siding
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Burlington

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value
    $856,000