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1103 N Elm Street, Lumberton, NC 28358

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For Sale

$1,500,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

It's a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $118,000 per year offers investors a CAP rate of 7.87%. Properties 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. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable
MLS# 753726

Courtesy Of COLDWELL BANKER PREMIER TEAM REALTY

(910) 738-3441

Map and Directions

Directions to 1103 N Elm Street, Lumberton, NC 28358

Home seller CENTURY 21 The Real Estate Center

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Real Estate Center

(910) 738-8151
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Copyright © 2025 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.