1678 Stone Street Extension, Mebane, NC 27302
- $1,300,000
- 9,800
- SqFt
- List Price
- $1,300,000
- MLS#
- 4399573
- Status
- ACTIVE
- Property Type
- Residential Income
- Year Built
- 1940
- Days on Market
- 21
- Lot Size
- 699,573
- Lot Size Area
- 16.06
- Living Area
- 9,800
- Sq Ft Total
- 9800
- County
- Alamance
Property Description
Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site. The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
Additional Information
- Equipment
- Refrigerator, Washer/Dryer
- Foundation
- Crawl Space
- Laundry Location
- Main Level
- Heating
- Heat Pump
- Water
- Community Well
- Sewer
- Septic Installed
- Exterior Construction
- Vinyl
- Parking
- Attached Carport
- Driveway
- Concrete, Gravel
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Special Conditions
- None
Mortgage Calculator
Listing courtesy of RE/MAX Executive. jamiepurvisrealtor@yahoo.com
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