412 Sara Chip LN Active

Leland,NC 28451

$ 1100000

- Bed

0 Bath

637 SqFt


Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 637 sqft

Price per Sqft $1,726

Subdivision Not In Subdivision

MLS Listing ID 100473795

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1967

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 100 x 120

Property Description

Property sold as a package with MLS#100473793. Take over this residential investment portfolio in Leland! 7% cap rate with current rents with the opportunity to raise rents to increase profits. Fully occupied with long term tenants in place. Sale includes 2 parcels of land with 4 buildings total. There are 2 single family homes (1 manufactured and 1 stick-built) and 2 duplexes for a total of 6 units. Each single family home has 2 bed/1 bath and each of the 4 units in duplexes have 2 bed/2 bath. Conveniently located to grocery stores and businesses in Leland!

Location

State NC

County Brunswick

Community Not In Subdivision

Zoning T40

Direction Turn off of Village Rd. Property is situated on the corner of Oakland Ave and Sara Chip Lane

Interior

Heating Electric

Building

New Construction No

Others

Tax ID 310705095642

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

View More
Favorite Go Tour