Address
119 & 120 N Ireland Street, Burlington, NC
Price
$ 1,400,000
Property Attributes
- ID#10008204
- TypeCommercial
- CountyALAMANCE
- CityBurlington
- AreaAlamance
- Zip27217
- StyleMulti Family
- Year Built1920
- Taxes$ 9513
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.95 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed. 21 units are one bdrms approx. 700 sqft. , one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft. Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC's. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.
| Price History | |
|---|---|
| 1/26/2024 | Listed $1,495,000 |
| 3/11/2024 | 7% - $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air,Window Unit(s) |
| Roof | Shingle |
| Appliances | Range,Refrigerator,Oven |
| Construction Materials | Brick |
| Year Built | 1920 |
| Stories | 1 |
| Property SubType | Multi Family |
| County | Alamance |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Active |
| ModificationTimestamp | 2024-05-07T06:50:54.000Z |
| City | Burlington |
| Buyer Agent Compensation | 2.50 |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 25 |
| Lot Size Square Feet | 41382 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Ireland |
| Property Attached Y/N | No |
| Tax Annual Amount | 9513.04 |
| Lease Considered Y/N | No |
| Days on Market | 105 |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Paved |
|---|---|
| Water Source | Public |
| Lot Size Area | 41382 |
| Spa | No |
| Building Area Total | 16488 |
| Lot Size Acres | 0.95 |
| Lot Size Units | Square Feet |
| Open Parking Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 27217
Price
Taxes
Visits
Year Built
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