616 Mebane Street
616 Mebane Street
Burlington, NC 27217
$299,900
- Bedrooms: 10
- Bathrooms:
- Lot Size: 0.306 Acres
Description
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. No showings as all 4 units are rented to separate tenants so will need a LOI/POF to schedule and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Fourplex |
| Year Built : | 1950 | Construction Type : | Site Built |
| Lot Size : | 0.306 Acres | Living Area : | 3,286 sqft |
Appliances
- Other
More Information
- Construction : Other - See Remarks
- Parking : Circular Driveway, Driveway
- Heating : Other - See Remarks
- Cooling : Varies by Unit
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional, Exchange, Owner Financing
Based on information submitted to the MLS GRID as of 05-31-2025 01:40:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.