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
Zillow last checked:
Listing updated:
Bought with:
Simon Peter Camara, 338408
DASH Carolina
Source: Doorify MLS,MLS#: 10072296
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% |
Source:  Triad MLS #880633 Report a problem | ||
| 5/21/2018 | Pending sale | $55,000$60/sqft |
Source: Keller Williams Realty Central NC #99122 Report a problem | ||
| 3/28/2018 | Listed for sale | $55,000$60/sqft |
Source: Keller Williams Realty #880633 Report a problem | ||
| 9/1/2017 | Listing removed | $55,000$60/sqft |
Source: Burlington #86112 Report a problem | ||
| 5/20/2017 | Listed for sale | $55,000$60/sqft |
Source: Keller Williams Realty #730612 Report a problem | ||
| 4/5/2017 | Listing removed | $55,000$60/sqft |
Source: Keller Williams - Burlington #86112 Report a problem | ||
| 8/4/2016 | Price change | $55,000-8.3%$60/sqft |
Source: Keller Williams - Burlington #86112 Report a problem | ||
| 2/7/2015 | Listed for sale | $60,000$66/sqft |
Source: Burlington Market Center, LLC dba Keller Williams Realty #86112 Report a problem | ||
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Estimated market value
$157,900
