Description
INVESTOR ALERT! RARE DUPLEX OPPORTUNITY IN BURLINGTON, NC! TWO UNITS! TWO LONG-TERM TENANTS! $2,458 IN TOTAL MONTHLY RENTAL INCOME! Looking to expand your investment portfolio or get started in real estate investing? HERE'S YOUR OPPORTUNITY! This income-producing duplex in Burlington, NC, offers an excellent opportunity to own an established rental property with TWO long-term tenants already in place! Featuring TWO separate 2-bedroom, 1-bath units, this property offers approximately 1,600 total square feet of living space situated on a spacious 0.41-acre lot! Both units are currently occupied by long-term tenants on month-to-month leases, generating a combined $2,549 in monthly rental income-that's $30,588 annually in gross rental income! Conveniently located along NC Highway 62, residents enjoy easy access to Burlington's shopping, restaurants, employment centers, and everyday conveniences. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking an established income-producing property, this duplex offers immediate rental income, leasing flexibility, and long-term investment potential! TWO RENTAL UNITS! ESTABLISHED TENANTS! INCOME FROM DAY ONE! DON'T MISS THIS INVESTMENT OPPORTUNITY! Schedule your showing today! ***Please do not disturb tenants***
Details
| MLS # | 10199572 |
|---|---|
| Listing Type | For Lease |
| Style | Duplex |
| Status | Pending |
| Year | 2001 |
| Days On Site | 21 |
| Listing Provided By | Atlas Central NC Realty | Timothy Michael Supples |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,600 |
| Story(s) | 1 |
| Acreage | 0.41 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Gas |
| Fireplace Yes / No | No |
| Laundry Features | Laundry Closet, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Asphalt |
| Foundation Details | Block, Brick/Mortar, Combination, Raised |
| Construction Materials | Brick, Vinyl Siding |
| Patio And Porch Features | Patio |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 220784 |
|---|---|
| Tax Legal Description | Taylors Ridge Lt 2 12-52-36 |
| Tax Year | 2025 |
| Tax Map Number | 2 |
Other
| Accessibility Features | No |
|---|
Area Information
| State | NC |
|---|---|
| County | Alamance |
| City | Burlington |
| Zip Code | 27217 |
| Area | Alamance |
| Community Name | Taylors Ridge |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Altamahaw |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Taylors Ridge) | |
Price: $254,900 low | high Med: $254,900 sqft: 1,600 low | high Med: 1,600 $ / sqft: $159 low | high Med: $159 On site: 21 low | high Med: 21 | |
Market Activity 27217
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Learn More About This Property
| State | NC |
|---|---|
| County | Alamance |
| City | Burlington |
| Zip Code | 27217 |
| Area | Alamance |
| Community Name | Taylors Ridge |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Altamahaw |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Taylors Ridge) | |
Price: $254,900 low | high Med: $254,900 sqft: 1,600 low | high Med: 1,600 $ / sqft: $159 low | high Med: $159 On site: 21 low | high Med: 21 | |