80 Lindsey Lane, Burnsville, NC 28714
- $1,450,000
- 8,631
- SqFt
Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 4425383
- Year Built
- 1987
- Living Area
- 8,631
- Lot Size
- 86,248
- Acres
- 1.98
Property Description
Lindsey Lane Apartments is a 10-unit multifamily property consisting of four buildings on ±1.98 acres with a mix of one-, two-, and three bedroom units. 9 of the 10 units have been renovated. Numerous mini-split HVAC installed. This limits any near-term capital needs. Four month-to-month leases provide immediate opportunity to increase rents to market; continuing to implement water reimbursements and garage rentals are additional opportunities to increase NOI. With multiple paths to increase income, Lindsey Lane offers investors an attractive combination of current cash flow and value-add upside.
Additional Information
- Appliances
- Electric Range
- Heating
- Baseboard, Ductless, Kerosene
- Air Conditioning
- Ceiling Fan(s), Ductless
- Exterior Construction
- Site Built
- Roof
- Architectural Shingle
- Foundation
- Basement, Slab
- Parking
- Driveway, Attached Garage
- Garage Spaces
- 6
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
Mortgage Calculator
“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
Last Updated: