Description
Property sold as a package with MLS#100473793. Take over this residential investment portfolio in Leland! 7% cap rate with current rents with the opportunity to raise rents to increase profits. Fully occupied with long term tenants in place. Sale includes 2 parcels of land with 4 buildings total. There are 2 single family homes (1 manufactured and 1 stick-built) and 2 duplexes for a total of 6 units. Each single family home has 2 bed/1 bath and each of the 4 units in duplexes have 2 bed/2 bath. Conveniently located to grocery stores and businesses in Leland!
Property Highlights
- Acres: 0.27
- County: Brunswick
- Year Built: 1967
- Heating Type: Electric
- Property Type: Commercial, Multi Family
- MLS #: 100473795
Current Use |
Residential, Multi-Family |
Property Subtype |
Commercial Sale |
Property Type |
Multi Family |
Subdivision |
Not In Subdivision |
Heating |
Electric |
Interior Square Footage |
637 |
Lot Size Acres |
0.27 |
Lot Size Dimension |
100 x 120 |
Lot Size Square Feet |
11,761 |