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!
Type | School name | District name |
---|---|---|
High | Alamance - Hugh Cummings | Not available |
Elementary | Alamance - R Homer Andrews | Not available |
Middle | Alamance - Broadview | Not available |
Juniorhigh | Alamance - Broadview | Not available |
Year | Tax amount | |
---|---|---|
2024 | USD $600 | THB ฿20,177* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to Berkshire Hathaway HomeService
Property ID: 110096957644