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$1,275,000
Est. payment /mo
9,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $130
MLS Listing ID 4399573
Abv Grd Liv Area 9,800
Year Built 1940
Lot Size 16.060 Acres
Acres 16.06
Property Sub-Type Portfolio
Property Description
Solid income-producing opportunity just minutes from I-40/I-85, featuring frontage along the river on a +/-16 acre site.
The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
The property includes 13 renter-owned homes on a month-to-month lease structure, plus one stick-built home, owned by the seller, providing an owner the flexibility of a classic lot-rent model with minimal capital tied up in housing stock. 1 lot currently vacant. New roof on the stick-built home in 2020. The community is served by a shared well and septic system. With convenient interstate access and steady rental demand, this is a strong entry point for an investor looking to expand their portfolio. Property is close to the new built Buc-ees!
Location
State NC
County Alamance
Zoning R 18
Interior
Heating Heat Pump
Cooling Central Air
Appliance Refrigerator, Washer/Dryer
Laundry Main Level
Exterior
Street Surface Concrete,Gravel
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Septic Installed
Water Community Well
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jamie Purvis • RE/MAX Executive • jamiepurvisrealtor@yahoo.com
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