601 South Main Street

Lillington, NC 27546

$6,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance. Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with...Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance. Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with each unit is Fridge, Stove, Washing Machine, Dryer, garbage dumpster, ground care. Onsite office that is currently used for storage by the property management and maintenance crew. Property management company is owed by the owners and are more than happy to continue management. Tenants are registered with online management program for rent pay and work orders.
  1. Listed by LUCIA TURLINGTON • TURLINGTON REAL ESTATE GROUP

Property Details for 601 South Main Street

Architectural Style
TwoStory
Subdivision Name
NOT IN SUBDIVISION
Zoning Description
R30A - Residential District

Location

Listing Courtesy of TURLINGTON REAL ESTATE GROUP
Add your commute
LISTING UPDATED: 01/15/2024 05:45 PM

Property Details for 601 South Main Street

StatusActive
MLS #718361
Days on Market102
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment
Year Built1999
CountyHarnett County

Location

Listing Courtesy of TURLINGTON REAL ESTATE GROUP
Add your commute

Building Information for 601 South Main Street

Building/Complex601 S Main StFloor-Stories2Residences36Pet Policy-Year Built1999Building Size-

Payment Calculator

$33,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,744

Property Taxes

$744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 601 South Main Street

Summary
Location and General Information
  • City: Lillington
  • County Or Parish: Harnett
  • Postal Code: 27546
  • Latitude: 35.415783
  • Longitude: -78.735526
  • State Or Province: NC
Taxes and HOA Information
  • Parcel Number: 0670-86-7395.000,0670-86-6402.000
  • Tax Legal Description: 5.843AC L C PULLEY MAP#98-248 1.26AC PC#F-450C
School Information
  • High School: Harnett - Harnett Central
  • Middle Or Junior School: Harnett - Harnett Central
Parking
  • Covered Spaces: 0.0
Property
Lot Information
  • Above Grade Finished Area Units: SquareFeet
  • Below Grade Finished Area Units: SquareFeet
  • Building Area Units: SquareFeet
  • Lot Size Area: 0.0
  • Lot Size Units: SquareFeet
  • Living Area Units: SquareFeet
Property and Assessments
  • Year Built: 1999
  • Human Modified: Yes
Utilities
  • Sewer: CountySewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Construction Materials: VinylSiding
  • Patio And Porch Features: RearPorch, FrontPorch, Porch
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Carpet, Vinyl
  • Bathrooms Total: 0
  • Interior Features: CeilingFans
Multi Family
Multi-Family Information
  • Number Of Units Total: 36
Income & Expenses
  • Gross Income: $34,250
Rental
Rental Information
  • Occupant Type: Occupied
  • Lease Considered: No
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 601 South Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 601 South Main Street

Taxable ValueLand-Additions-Total-
Tax Record2023$8,931 ($744 / month)
Home Facts
Beds0Total Finished SqFt14,153 SqFtAbove Grade Finished SqFt14,153 SqFtLot Size41,818 SqFtStyleMiscellaneous Vacant LandYear Built1987ZoningC-1CountyHARNETTAPN10065019099001

Schools near 601 South Main Street

This home is within Harnett County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Lillington-Shawtown Elementary
PublicPK to 5

Harnett Central Middle
Public6 to 8

Harnett Central High
Public9 to 12

Star Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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601 South Main Street is a multi-family home for sale in Lillington, NC 27546. This property was listed for sale on January 15, 2024 by TURLINGTON REAL ESTATE GROUP, it's currently listed at $6,000,000. It has been on the market for a total of 102 days and was last sold on December 21, 2015. This listing's school district is Harnett County School District. Nearby schools include Lillington-Shawtown Elementary, Harnett Central Middle and Harnett Central High. 601 South Main Street is a 0-bed, 0-bath, multi-family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TURLINGTON REAL ESTATE GROUP

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.