903 N Park Road
Burlington, NC 27217
910 sqft | 2 beds | 1 bath | 0.18 acres | #10072296
Description
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!
Location
Legal
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Last Updated:Â . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Stephen Fleming (#flemingste)
Listing Office: Berkshire Hathaway HomeService (#3232)
Listing Courtesy (Buyer)
Buyer's Agent: Simon Peter Camara (#109029)
