406-408 Burkemont AVE new Save Request In-Person Tour Request Virtual Tour
Morganton,NC 28655
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,904 sqft
Price per Sqft $168
MLS Listing ID 4294212
Year Built 1961
Lot Size 0.900 Acres
Property Sub-Type Apartment
Property Description
Excellent investment opportunity to own two, fully-occupied 4-unit apartment buildings (8 units total) with exceptional rental income. All apartments are two bedrooms and 1 bathroom. The building has two apartments upstairs and two downstairs with a central hallway and back deck. Downtown Morganton location with excellent long term tenants and 100% occupancy. Investors can enjoy immediate returns from day one while strategically improving the properties for higher rents and long-term growth. Located within walking distance to Case Farms, Wal-Mart, North Carolina School of Science and Math-Morganton, and NC School for the Deaf. Close to Interstate 40 and Downtown Morganton.
Location
State NC
County Burke
Zoning City
Interior
Heating Heat Pump,Other - See Remarks
Cooling Central Air,Other - See Remarks
Laundry Utility Room
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Forest Hill
Middle Schools Walter Johnson
High Schools Freedom
Others
Special Listing Condition None