1678 Stone Street Extension, Mebane, NC 27302

$1,300,000
9,800
SqFt

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Listing courtesy of RE/MAX Executive. jamiepurvisrealtor@yahoo.com

List Price
$1,300,000
Status
ACTIVE
Days on Market
63
MLS#
4399573
Year Built
1940
Living Area
9,800
Lot Size
699,573
Acres
16.06

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!

Additional Information

Appliances
Refrigerator, Washer/Dryer
Heating
Heat Pump
Air Conditioning
Central Air
Exterior Construction
Site Built
Foundation
Crawl Space
Parking
Attached Carport
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

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