119 & 120 N Ireland Street Burlington, NC 27217

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 hoo...kups. 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. Continue reading