406-408 Burkemont AVE, Morganton, NC 28655 – 4294212

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Kelly Myers - MrLakeNorman

kelly@mrlakenorman.com +1(704) 621-5000

$ 1,333,000

Est. payment | -/mo

7,904 SqFt

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$ 1,333,000

Est. payment | -/mo

Save

7,904 SqFt

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

Abv Grd Liv Area 7,904

Year Built 1961

Lot Size 0.900 Acres

Acres 0.9

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

Appliance Electric Range, Refrigerator

Laundry Utility Room

Exterior

Carport Spaces 8

Street Surface Asphalt,Paved

Garage false

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

Pets Allowed No

Senior Community false

Special Listing Condition None

Listed by Sara Black • RE/MAX Southern Lifestyles • sarab44@gmail.com

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Kelly Myers - MrLakeNorman

+1(704) 621-5000

Broker/Owner/Trainer/Coach | License ID: 300067

Broker/Owner/Trainer/Coach License ID: 300067

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406-408 Burkemont AVE Morganton, NC 28655

Kelly Myers - MrLakeNorman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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