• 1103 N Elm Street Lumberton, NC 28358

  • $1,395,000

  • Bed(s)
  • 0
    Baths
  • 0
    Sq Ft

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. 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.

Property Type :

Residential Income

County :

Robeson

Style :

Residential Income

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Property Details

 

Heating & Cooling

WaterSource: Public

Building Information

Year Built: 1920

Property Information

Property Type: Residential Income

Tax Information

Parcel Number: 322705013

Utility Information

Natural Gas Available

Homes around $1,395,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Willow Oak Drive, Lumberton, NC,28358 $55,000 -- -- -- 19602 Sqft
Kenny Biggs Road, Lumberton, NC,28358 $9,500 -- -- -- 31798.8 Sqft
Martin Luther King Drive, Lumberton, NC,28358 $15,000 -- -- -- 11325.6 Sqft
00 9th Street, Lumberton, NC,28358 $115,000 -- -- -- 1 Acre
208 Kinlaw Street, Lumberton, NC,28358 $12,500 -- -- -- 11325.6 Sqft
Hammonds Road, Lumberton, NC,28358 $1,200,000 -- -- -- 22 Acres
1912 Lambeth Street, Lumberton, NC,28358 $65,000 2 1 -- --
1.0 AC Grant Drive, Lumberton, NC,28358 $20,000 -- -- -- 1 Acre
1305 Eisenhower Street, Lumberton, NC,28358 $115,500 4 2 -- --
115 Seaney Drive, Lumberton, NC,28358 $175,000 4 2 -- 43124.4 Sqft

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ByOwner last updated this listing 05/15/2024 @ 14:14

MLS: LP717608
LISTED BY: DAVID, COLDWELL BANKER PREMIER TEAM REALTY
SOURCE: Triangle MLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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