tomo logo

$118,000

Beds
2
Baths
1.0
sq ft
910

903 North Park Road, Burlington, NC 27217

903 North Park Road

Burlington, NC 27217

  • <1 day on market
    • Open house Jan 25
Investment Opportunity: Ranch-style property in Burlington on a .18-acre lot. This property features two bedrooms with carpeting, a bathroom with a tub/shower combo and vinyl flooring, and a covered porch. Currently rented at $630/month with a month-to-month lease, well below market value, offering significant potential for rental income growth. The property is priced at over a 7.2% CAP rate based on fair market rental rates. New roof installed in 2021. Sold AS-IS. Don't miss this opportunity to increase cash flow in a desirable location!

Details

Property type

Single Family Residence

Lot size

7,840.8 sq ft

Price per sq ft

$130

Year built

1995

Annual property taxes

$600

Price History

01/23/2025
TriangleMLS

TriangleMLS #10072296

Listed
$118,000
+131.37%
06/29/2018
TriangleMLS

TriangleMLS #2181446

Sold
$51,000

Schools & Community

Elementary school: 

Alamance - R Homer Andrews

Middle school: 

Alamance - Broadview

High school: 

Alamance - Hugh Cummings

Status: Active

Tomo last checked: 01/23/2025 at 4:05 PM

Listing updated: 01/23/2025 at 2:11 PM

Listed by: Stephen Fleming, Berkshire Hathaway HomeService Phone #: (919) 383-4663

MLS: TriangleMLS #10072296

TriangleMLS logo

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