Print Listing Details for 903 N Park Rd

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903 N Park Rd Burlington, NC 27217
Listing # 10072296

• $118,000
• 2 Bedrooms, 1 Baths, 910 Sq. Ft.

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!

Bathrooms

• 1 Full Baths

• *Approximate Payments: $598
• Price / Sq. Ft: $130
• Days On Market: 8
• Year Built: 1995

• Address: 903 N Park Rd
• City: Burlington
• Zip Code: 27217
• County: Alamance
• Subdivision: Not in a Subdivision

• Elementary School: Alamance - R Homer Andrews
• Middle School: Alamance - Broadview
• High School: Alamance - Hugh Cummings

• # Fireplaces: 0
• Flooring: Carpet

• Parking: Driveway,Outside

• Construction Materials: Frame,Stucco
• Roof: Shingle
• Foundation: Raised
• Patio/Porch: Covered,Front Porch
• Fencing: None

• Property Type: Single Family Residence
• Style: Ranch
• Levels: One
• New Construction: No

• Lot: Back Yard,Front Yard
• Lot Size Acres: 0.18

• Heating: Central
• Cooling: Ceiling Fan(s),Central Air
• Water Source: Public
• Sewer: Public Sewer

• Total HOA Dues: $0.00
• Annual Taxes: $600.00

• Listing Office: Berkshire Hathaway HomeService
• List Status: Active