616 N Mebane Street
Burlington, NC 27217
- ā beds
- ā baths
- 13,329 sqft lot
- 1950 build
- – on site
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. All 4 units are rented to separate tenants so Buyers will need a LOI/POF to schedule a showing and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
Last checked:
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Last updated Mar 9, 2025
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MLS# 1172004 ā
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1950
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Architectural Style:Two Story
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Built Information:Existing
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# of Units Total:4
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Basement:false
Location
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Directions:From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the lt
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Latitude:36.092499
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Longitude:-79.42801
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Features:City Lot
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Lot Size Acres:0.306
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Lot Size Dimensions:80 x 162 x 83 x 165
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Zoning:R 9
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Price Per Acre:980065.3595
Listing Agent
- Contact info:
- Agent phone:
- (919) 906-4840
- Office phone:
- (919) 732-6101
Taxes
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Tax Annual Amount:$2,751.96
The Listing
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Listing Terms:Cash
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Special Listing Conditions:Owner Sale
Heating & Cooling
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Cooling:Multiple Systems
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Heating:Multiple Systems
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Heating Fuel:Remarks
Utilities
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Sewer:Public Sewer
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Water Heater:Unknown
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Water Source:Public
Schools
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Elementary School:Eastlawn
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Middle Or Junior School:Broadview
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High School:Hugh M. Cummings
The Community
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Subdivision Name:None
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Pool:false
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Pool Features:None
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Association:false
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Association:Greensboro
Parking
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Parking Features:Driveway
Extra Units
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Unfurnished Units:4
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Units Furnished:None
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Bikerās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/2/25
Mar 2, 2025
|
Listed / Active | TRIAD | $299,900 | |
2/14/24
Feb 14, 2024
|
Price Changed | TRIAD | ||
10/28/23
Oct 28, 2023
|
Listed / Active | TRIAD |