NOT LISTED FOR SALE

11 Morton Ave Jacksonville, NC 28540

27 Beds
20 Baths
8,338 Sq Ft
0.97 Acres

Last Sold March 01, 2018

Last sale price $395,000 $47 Per Sq Ft

120 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Combination Dining and Living Room
  • No HOA
  • Open Patio
  • Concrete Flooring

About This Home

As of March 2018

Investor Opportunity! This is a great property with huge rental potential. All 20 Apartments are rented. Long rental history with log term tenants. There have been some updating and ongoing maintenance. Great opportunity to make over 16% cap rate on this investment.

Last Agent to Sell the Property

Reva Sullivan

Realty ONE Group Affinity License #227229 Listed on: 10/02/2017

Last Buyer's Agent

Chasity Debarber

Century 21 American Properties, Inc License #265967

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 135x300
  • Corner Lot

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Block Exterior

Interior Spaces

  • 20 Bathrooms
  • 1-Story Property
  • Combination Dining and Living Room
  • Concrete Flooring
  • Laundry in Kitchen

Home Security

  • Fire and Smoke Detector
  • Firewall

Parking

  • 45 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Bell Fork Elementary School
  • Jacksonville Commons Middle School
  • Northside High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 431-45

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: C
  • Cobra Zone: No
  • Construction: Block, Firewall
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Concrete
  • Interior Amenities: Smoke Detectors
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 47.37
  • Total Bathrooms: 20.00
  • Number Bedrooms Total: 27
  • Total Heated Sq Ft: 8338.00

Exterior Features

  • Exterior Features: Trash on Site
  • Exterior Finish: Block
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Open, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 45.00
  • Total Garage Spaces: 45.00
  • Parking Driveway: Paved, Shared

Utilities

  • Cooling System: None, Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 2888
  • Deed Page: 687.00
  • Lot Acres: 0.97
  • Lot Description: Corner Lot
  • Lot Dimensions: 135X300
  • Lot Sq Ft: 42253.00
  • Zoning: Commercial

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: 431-45
  • Tax Year: 2016

MLS Schools

  • Elementary School: Bell Fork
  • High School: Northside
  • Middle School: Jacksonville Commons

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $395,000 0.0% $47 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $395,000 -- $47 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100084305

Hive MLS