1 of 46

Want to see this property?

210 Morehead Street

Burlington, NC 27215

– beds
– baths
10,019 sqft lot
1930 build
– on site

Incredible investment opportunity! 7900 square foot 11-unit building, fully rented (one tenant has been asked to vacate) with several long-term tenants (current tenant average is 10+ years). Units vary from studio apartments to 1-bedroom units, each with their own reserved parking space and plenty of street parking. Great location walkable to bus line, train station and restaurants. Projected rental income of $88,080. Owner pays gas for the water heater, electricity for the common areas and water average $7000. All tenants (except 1) are currently on a lease and all wish to remain in place. Please request a brochure for more information. Secure building with keypad entry. DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT.

Listing courtesy of TRIAD / RE/MAX DIAMOND REALTY

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# 1157353 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1930
Construction Materials:

Brick
Architectural Style:

Two Story
Built Information:

Existing
# of Units Total:

11
Basement:

true
Building Area Total:

7900
Approx SqFt:

7900

Interior

Flooring:

Carpet
Laundry Features:

None
Storage:

Closet

Location

Directions:

From I85/40, Exit 143, Burlington on Maple Ave toward Downtown Burlington. Left on Morehead St. Building will be on your right.
Latitude:

36.090937
Longitude:

-79.438511

The Property

Property Type:

Residential Income
Property Subtype:

Apartment
Lot Features:

City Lot
Lot Size Acres:

0.23
Lot Size Dimensions:

rect
Zoning:

Apartment
Land Description:

Clear
Price Per Acre:

3456521.7391

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$5,243

The Listing

Listing Terms:

Cash
Special Listing Conditions:

Owner Sale

Heating & Cooling

Cooling:

Multiple Systems
Heating:

Multiple Systems
Heating Fuel:

Electric

Utilities

Sewer:

Public Sewer
Water Heater:

Electric
Water Source:

Public

Appliances

Appliances:

Electric Water Heater

Schools

Elementary School:

Grove Park
Middle Or Junior School:

Turrentine
High School:

Williams

The Community

Pool:

false
Pool Features:

None
Association:

false

Parking

Garage Description:

None
Parking Total:

11
Parking Features:

Assigned

Extra Units

Unfurnished Units:

11
Units Furnished:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/21/24 Oct 21, 2024	Pending	TRIAD	$795,000
9/27/24 Sep 27, 2024	Listed / Active	TRIAD	$795,000

Want a closer look?

Go see 210 Morehead Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Burlington, NC

Similar sold homes

This multifamily located in Central Burlington, Burlington, NC 27215 is currently pending sale for $795,000. 210 Morehead Street is a multifamily with – beds and – baths that has been on Estately for 106 days. 210 Morehead Street is in the Central Burlington neighborhood of Burlington and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Grove Park Elementary School, Turrentine Middle School, and Walter M. Williams High School.

Listing Courtesy of: TRIAD and RE/MAX DIAMOND REALTY.

Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.