MLS# 10008204 – 119 & 120 N Ireland Street, Burlington, NC 27217

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$1,400,000 - Br/Ba - for Sale in Burlington
Price: $1,400,000
Building Size SqFt: 16,488
Lot Size Acres: 0.95
Lot Size SqFt: 41,382
Status: Active
Property Type: Multi Family
Year Built: 1920
Days on Website: 305

Courtesy of Peterson Real Estate Propertie, Nikeica Peterson.

Property Description

Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed. 21 units are one bdrms approx. 700 sqft. , one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft. Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC’s. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.

Property Details and Features

  • Appliances & Equipment
  • Appliances: “Range”, “Refrigerator”, “Oven”
  • Building
  • Building Area Total: 16488
  • Building Area Units: Square Feet
  • Construction Materials: “Brick”
  • Living Area Units: Square Feet
  • Living Area: 16488
  • Structure Type: “Multi Family”
  • Year Built: 1920
  • Number Of Units Total: 25
  • Cooling
  • Cooling: “Central Air”, “Window Unit(s)”
  • Cooling Included
  • Heating
  • Heating Included
  • Listing
  • Days On Market: 304
  • Lot
  • Lot Features: “Paved”
  • Lot Size Acres: 0.95
  • Lot Size Area: 41382
  • Lot Size Dimensions: 1
  • Lot Size Square Feet: 41382
  • Lot Size Units: Square Feet
  • Property
  • Property Sub Type: Multi Family
  • Roof
  • Roof: “Shingle”
  • Sewer
  • Sewer: “Public Sewer”
  • Taxes
  • Tax Annual Amount: 9513.04
  • Utilities
  • Water Source: “Public”

Property Map

$1,400,000 – 119 & 120 N Ireland Street, Burlington, NC 27217

Street View

Nearby Schools

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