This property is pending
$1,395,000

1103 Elm, Lumberton, North Carolina 28358

  • Residential Income Property Type
  • 0 Days Time On Market
  • 1920 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
LP717608
$1,395,000
0
1920
0
Active
Address Map
NC
Robeson
Lumberton
28358
Elm
1103
0
W80° 59' 28.4''
N34° 37' 29.8''
N
Additional Info
Crawl Space
0 Sqft
120
Active
322705013
: Public Sewer
$0
Public
$0
Broker/Agent Info
COLDWELL BANKER PREMIER TEAM REALTY
DAVID ZEITZ
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