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616 N Mebane Street

Burlington, NC 27217
  • $299,900
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 1171998
UPDATED: 25 min ago
$299,900
  • 10
    BEDS
  • 0.31
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,286
    SQFT
  • $91
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.

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Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Premier Realty NC are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-04-23T14:30:41.257.
www.pre4u.com/homes/161006692
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616 N Mebane Street Burlington, NC 27217

  • Price: $299,900
  • Status: Active
  • On Site: 51 Days
  • Updated: 25 min ago
  • ID#: 1171998
10
Beds
4
Baths
0
½ Baths
0.31
Acres
3,286
SQFT
$91
$/SQFT
1950
Built
Neighborhood:
None
County:
Alamance
Area:
Alamance
Elementary School:
Eastlawn
Middle School:
Broadview
High School:
Hugh M. Cummings
Property Description
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location in Burlington with easy access to I-40 and I-85. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
Exterior Features

Construction Materials See Remarks Parking Features DrivewayGravel Pool Features None Pool YN No Porch YN Yes

Interior Features

Basement Crawl Space Basement YN No Cooling Multi Units Fireplaces Total 0 Full Baths Lower 0 Full Baths Main 2 Full Baths Upper 2 Half Baths Lower 0 Half Baths Main 0 Half Baths Upper 0 Heating Multiple SystemsSee Remarks Primary On Main YN Yes Rooms Living Room (Main Level 17ft 5in x 11ft 6in) Bedroom 3 (Main Level 17ft 5in x 7ft 5in) Bedroom 2 (Main Level 16ft 1in x 10ft 3in) Kitchen (Main Level 11ft 7in x 13ft 4in) Primary Bedroom (Main Level 13ft 6in x 10ft 7in) Laundry (Main Level 6ft 10in x 8ft 0in) Entry (Main Level 9ft 4in x 9ft 1in) Other (Main Level 7ft 0in x 7ft 5in) Living Room (Main Level 14ft 5in x 17ft 2in) Primary Bedroom (Main Level 12ft 1in x 8ft 10in) Bedroom 2 (Main Level 16ft 1in x 7ft 4in) Other (M Rooms Total 20 Water Heater Unknown

Property Features

Architectural Style Victorian Association YN No Built Information Existing City Limits YN Yes Deed Restriction YN Yes Heating Fuel Remarks Levels Two Listing Terms CashConventional Lot Features City Lot Property Sub Type Stick/Site Built Second LQYN No Sewer Public Sewer Special Listing Conditions Owner Sale Structure Type House Tax Annual Amount 2751.96 Water Source Public

Listing information © 2025 Triad MLS, Inc. All rights reserved. Listing provided courtesy of COLDWELL BANKER - HP&W: . Information deemed reliable but not guaranteed.


Listing information © 2025 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Premier Realty NC are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2025-04-23T14:30:41.257.
 
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Premier Realty NC
228 Hwy 801 South
Advance NC, 27006