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1121 Jackson Street, Burlington, NC 27217

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For Sale

$475,000

2 beds • 1 baths • 624 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $761.22
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

2 Parcels being sold the 4 unit Apartment building and Vacant lot (Tax Parcel #136348) both zoned as commercial. Vacant lot size is .31 acres + Apartment building .33 for a total of .64 acres. Incredible opportunity for investors! Each unit in the apartment building offers 2 bedrooms and 1 bathroom. Three of the four units have been beautifully renovated and are currently rented at $995/month, generating immediate income. The fourth unit is ready for your finishing touch add value and boost your return! One lease expires 10/31 and rent will go up to $1100. The vacant lot opens up additional development potential to build another 4 unit rental. Whether you're looking to grow your portfolio or house hack your first property, this is a chance to own a cash -flowing asset with upside in a great location. Don't miss it!
MLS# 10111779

Courtesy Of Navigate Realty

(910) 707-4321

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Floor Covering
    Laminate
  • Lot Size
    0.33 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 1121 Jackson Street, Burlington, NC 27217

Home seller CENTURY 21 Triangle Group

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 Triangle Group

(919) 720-4217
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† 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.