1103 N Elm Street

Lumberton, NC 28358

It's a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Long-term professional tenants under lease. Net Operating Income in the range of $180,000 per year offers investors a CAP rate of 12.9%. They are shown by appointment only with 72 hours notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: New duct works under home New disposal in kitchen New paint in several rooms New HVAC in the cottage New drain lines for the cottage Extensive landscaping and driveway improvements; 307 W 18th St: Complete remodel of a main suite addition of Complete bath and walk-in closet New floors throughout New paint and wallpaper throughout New drive-through and parking lot in back of house New siding paint on the back of the home. Upgrades to all bathrooms; 840 Jane Street: New landscaping in front of the house.

This is an Active listing.

Broker Office Phone Number: 910-738-3441

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