1103 N Elm Street

Lumberton, NC 28358

About this property

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: New duct works under home New disposal in kitchen New paint in several rooms New HVAC in the cottage New drain lines for the cottage Extensive landscaping and driveway improvements; 307 W 18th St: Complete remodel of a main suite addition of Complete bath and walk-in closet New floors throughout New paint and wallpaper throughout New drive-through and parking lot in back of house New siding paint on the back of the home. Upgrades to all bathrooms; 840 Jane Street: New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable at: https://tinyurl.com/28358dz

About this property

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: New duct works under home New disposal in kitchen New paint in several rooms New HVAC in the cottage New drain lines for the cottage Extensive landscaping and driveway improvements; 307 W 18th St: Complete remodel of a main suite addition of Complete bath and walk-in closet New floors throughout New paint and wallpaper throughout New drive-through and parking lot in back of house New siding paint on the back of the home. Upgrades to all bathrooms; 840 Jane Street: New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable at: https://tinyurl.com/28358dz

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$1,250,000 Active
0 sqft

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Area Information

Robeson | Robeson County |

$ 1,250,000
This listing is play_arrow 260.8% higher than the average in the area
$ 346,500 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
357 days on site
This listing is play_arrow 376.0% above the average in the area
75 days on site in the area

Schools in the Area

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    Elementary School
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Listed By DAVID ZEITZ
Brokerage: COLDWELL BANKER PREMIER TEAM REALTY

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