706 Maple Ave
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706 Maple Ave
4 Unit Apartment Building $425,000 ($106,250/Unit) Burlington, NC 27215
Investment Highlights
- 1.1 miles from I-40.
- Large parking area.
- Close proximity to restaurants.
Executive Summary
AMAZING opportunity to own a 4-plex in the heart of Burlington. Just 1.1 miles from I-40 and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently 3 occupied, you will acquire instant cashflow potential. All units recently renovated in past 8 years. All units have their own water & electric meters. Live in the Vacant unit and have your renters make your mortgage payment. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features about this beautiful property. Don't miss this great opportunity for passive income & book your showing today!
Property Facts
| Price | $425,000 | Lot Size | 0.21 AC |
| Price Per Unit | $106,250 | Building Size | 3,362 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1901/2017 |
| Property Subtype | Apartment | Parking Ratio | 1.78/1,000 SF |
| Apartment Style | Garden |
| Price | $425,000 |
| Price Per Unit | $106,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.21 AC |
| Building Size | 3,362 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1901/2017 |
| Parking Ratio | 1.78/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 136394 | Improvements Assessment | $30,653 |
| Land Assessment | $13,074 | Total Assessment | $43,727 |
PROPERTY TAXES
Parcel Number
136394
Land Assessment
$13,074
Improvements Assessment
$30,653
Total Assessment
$43,727
zoning
| Zoning Code | MF A (Multifamily) |
| MF A (Multifamily) |
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Presented by
Fine Rentals Llc
706 Maple Ave
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