NOT LISTED FOR SALE
8 Beds
4 Baths
3,362 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: June 4, 2025

Last sale price $360,000 $107 Per Sq Ft

159 Days on Market

Highlights

  • Transitional Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Painted or Stained Flooring
  • Washer and Dryer

About This Home

As of June 2025

AMAZING opportunity to own a 4-plex in the heart of Burlington. Just 1.1 miles from I-40 and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently 3 occupied, instant cashflow potential. All units recently renovated in past 8 years. All units have their own water & electric meters. Live in the vacant unit and have your renters make your mortgage payment. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features about this property. Don't miss this great opportunity for passive income & book your showing today!

Last Agent to Sell the Property

Peter Greijn

Referral Realty US LLC Brokerage Email: peter@referralrealtygrp.com License #160822 Listed on: 01/07/2025

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $417

Year Built

  • Built in 1901

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 59x155
  • Cleared Lot

Home Design

  • Quadruplex
  • Transitional Architecture
  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property
  • Range

Flooring

  • Painted or Stained Flooring
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • 6 Open Parking Spaces
  • Parking Lot

Schools

  • Harvey R Newlin Elementary School
  • Graham Middle School
  • Graham High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, grounds care, HVAC maintenance, taxes
  • Assessor Parcel Number 136394

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$417

Year Built

Built in 1901

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1901
  • Prop. Type: Residential Income
  • Attribution Contact: peter@referralrealtygrp.com
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3362.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 59x155
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Remarks and Miscellaneous Syndication Remarks2: AMAZING opportunity to own a 4-plex in the heart of Burlington. Just 1.1 miles from I-40 and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently 3 occupied, instant cashflow potential. All units recently renovated in past 8 years. All units have their own water & electric meters. Live in the vacant unit and have your renters make your mortgage payment. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features about this property. Don't miss this great opportunity for passive income & book your showing today!
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 3362.0
  • General Property Information Carport YN: No
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • General Property Information Number Of Units Total3: 4.0
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.21
  • Structure Type Quadruplex: Yes
  • General Property Information Stories2: 2
  • Flooring PaintedStained: Yes
  • General Property Information:Living Area3: 3362.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Painted/Stained, Vinyl
  • Appliances: Range, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Range: Yes
  • Appliances:WasherDryer: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel, Parking Lot
  • Total Parking Spaces: 6.0
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - Graham
  • Middle Or Junior School: Alamance - Graham

Lot Info

  • Lot Dimensions: 59x155
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 136394

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month
  • Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Taxes

Tax Info

  • Tax Annual Amount: 416.54
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1

MLS Schools

  • Elementary School: Alamance - Harvey R Newlin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2025 06/04/25 Sold $360,000 -9.8% $107 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $399,000 -6.1% $119 / Sq Ft
01/07/2025 01/07/25 Price Changed $425,000 0.0% $126 / Sq Ft
01/07/2025 01/07/25 For Sale $425,000 -5.6% $126 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $450,000 +1025.0% $134 / Sq Ft
01/05/2016 01/05/16 Sold $40,000 -35.5% -- View Prior Sale
12/02/2015 12/02/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $62,000 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $216 $43,727 $13,074 $30,653
2024 $205 $43,727 $13,074 $30,653
2023 $398 $43,727 $13,074 $30,653
2022 $542 $43,698 $15,525 $28,173
2021 $547 $43,698 $15,525 $28,173
2020 $551 $43,698 $15,525 $28,173
2019 $552 $43,698 $15,525 $28,173
2018 $260 $43,698 $15,525 $28,173
2017 $514 $43,698 $15,525 $28,173
2016 $465 $40,061 $15,525 $24,536
2015 $231 $40,061 $15,525 $24,536
2014 -- $112,682 $15,525 $97,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10057961

Doorify MLS
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