Investment Opportunity: Ranch-style property in Burlington on a .18-acre lot. This property features two bedrooms with carpeting, a bathroom with a tub/shower combo and vinyl flooring, and a covered porch. Currently rented at $630/month with a month-to-month lease, well below market value, offering significant potential for rental income growth. The property is priced at over a 7.2% CAP rate based on fair market rental rates. New roof installed in 2021. Sold AS-IS. Don't miss this opportunity to increase cash flow in a desirable location!
Sold for $116,000
$116,000
903 N Park Rd, Burlington, NC 27217
2beds
910sqft
Single Family Residence, Residential
Built in 1995
7,840.8 Square Feet Lot
$157,300 Zestimate®
$127/sqft
$1,286 Estimated rent
Home value
$157,300
$140,000 - $171,000
$1,286/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:43am
Listed by:
Stephen Randall Fleming 919-275-0722,
Berkshire Hathaway HomeService,
Mark VanAlstyne 984-287-0067,
Berkshire Hathaway HomeService
Bought with:
simon Peter camara, 338408
DASH Carolina
Source: Doorify MLS,MLS#: 10072296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet
Interior area
- Total structure area: 910
- Total interior livable area: 910 sqft
- Finished area above ground: 910
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Outside
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Fencing: None
- Has view: Yes
Lot
- Size: 7,840 sqft
- Features: Back Yard, Front Yard
Details
- Parcel number: 140639
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Stucco
- Foundation: Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Burlington
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $116,000-1.7%$127/sqft |
Source:  Doorify MLS #10072296 Report a problem | ||
| 2/16/2025 | Pending sale | $118,000$130/sqft |
Source: Doorify MLS #10072296 Report a problem | ||
| 1/23/2025 | Listed for sale | $118,000+131.4%$130/sqft |
Source: Doorify MLS #10072296 Report a problem | ||
| 6/29/2018 | Sold | $51,000-7.3%$56/sqft |
Source: Doorify MLS #2181446 Report a problem | ||
| 5/21/2018 | Pending sale | $55,000$60/sqft |
Source: Keller Williams Realty Central NC #99122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $601 +8.6% | $128,069 |
| 2023 | $553 +48.9% | $128,069 +124.1% |
| 2022 | $372 -1.5% | $57,160 |
Find assessor info on the county website
Neighborhood: 27217
Nearby schools
GreatSchools rating
- 4/10R Homer Andrews ElementaryGrades: PK-5Distance: 2.7 mi
- 7/10Broadview MiddleGrades: 6-8Distance: 2.4 mi
- 3/10Hugh M Cummings HighGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Alamance - R Homer Andrews
- Middle: Alamance - Broadview
- High: Alamance - Hugh Cummings
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$157,300
2% more+$3,146
With Zillow Showcase(estimated)$160,446