Active

119 & 120 N Ireland Street

Burlington NC, 27217

$1,400,000


$84.91 per sqft

Active

16,488 sqft

Commercial

Built in 1920

Listing courtesy of Peterson Real Estate Propertie

Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed.
21 units are one bdrms approx. 700 sqft. ,
one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft.
Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC's. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.

10008204

MLS ID

January 23, 2024

Listed

November 22, 2024

Updated

Map

119 & 120 N Ireland Street
Burlington NC, 27217

Interior Features

Total Stories

1


Appliances

Range, Refrigerator, Oven


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes

Exterior/Building Features

Lot Size

0.95 Acres


Lot Features

Paved


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$9,513


Tax Frequency

Annually


Days on Market

271


Garage

No


View

No


County

Alamance


Water Source

Public


Pool

No

Listing History

Date

Event

Price

3/11/2024

Price change

$1,400,000

-7%

Listed by Nikeica Peterson, , Peterson Real Estate Propertie

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Data last updated 9:16 PM UTC, 11/22/2024

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