946 Stone Street

Burlington, NC 27217

$799,000
Price
10
Beds
5
Baths
5
1/2 Baths
4,640 Sq. Ft.
$172 / Sq. Ft.
4,640
Sq. Ft.
$172
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in downtown Burlington, presenting 5-unit apartment building. This property seamlessly blends contemporary convenience with timeless appeal, offering an attractive proposition for both seasoned investors and newcomers to the real estate market. Each unit is townhouse style and has 2 beds 1.5 baths.Welcome to an exceptional investment opportunity in downtown Burlington, presenting 5-unit apartment building. This property seamlessly blends contemporary convenience with timeless appeal, offering an attractive proposition for both seasoned investors and newcomers to the real estate market. Each unit is townhouse style and has 2 beds 1.5 baths.
  1. Listed by Nicholas S Yarrington • Grow Local Realty, LLC
  2. Listed by Angie Thomas • Grow Local Realty, LLC

Property Details for 946 Stone Street

Subdivision
Not in a Subdivision

Location

Listing Courtesy of Grow Local Realty, LLC
Add your commute
LISTING UPDATED: 04/26/2024 02:20 PM

Property Details for 946 Stone Street

StatusActive
MLS #10016906
Days on Market45
Taxes$3,168 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1980
Lot Size0.37 AC / 16,117 SF
CountyAlamance County

Location

Listing Courtesy of Grow Local Realty, LLC
Add your commute

Building Information for 946 Stone Street

Stories1Residences-Year Built1980Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$4,624 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$264

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 946 Stone Street

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.083789
  • Longitude: -79.426619
  • Road Surface Type: Asphalt, Paved
Taxes and HOA Information
  • Tax Annual Amount: $3,167.55
  • Lot Number: 11a
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2024-12-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 4640.0
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 133119
  • Structure Type: Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 9
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 2+ Common Walls
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Rain Gutters
  • Fencing: Front Yard
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Vinyl Siding, Multi Family
Interior Features
  • Levels: Two
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air, Electric
  • Cooling?: Yes
  • Heating: Electric, Forced Air
  • Heating?: Yes
  • Appliances: Electric Range, Refrigerator
  • Laundry Features: In Kitchen
  • Equipment Appliances: Electric Range, Refrigerator
  • Interior: Parking Lot, Brick, Vinyl Siding, In Kitchen
  • Equipment: Electric Range, Refrigerator, In Kitchen, Parking Lot
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
Units Information
Unit One
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Range: true
  • Unit One: Refrigerator: true
Unit Two
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
Unit Three
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
Unit Four
  • Unit Four: Baths Total: 2.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true

Property History for 946 Stone 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 946 Stone Street

Taxable ValueLand$14,025Additions$331,929Total$345,954
Tax Record2023$1,495 ($125 / month)
Home Facts
Total Finished SqFt4,640 SqFtAbove Grade Finished SqFt4,640 SqFtStories1Lot Size16,291 SqFtStyleMulti-Family Res (5+ Units)Year Built1980ZoningMF ACountyALAMANCEAPN133119

Schools near 946 Stone Street

This home is within Alamance-Burlington 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
Harvey R Newlin Elementary
PublicPK to 5

Graham Middle
Public6 to 8

Graham High
Public9 to 12

Ray Street 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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946 Stone Street is a multi-family home for sale in Burlington, NC 27217. This property was listed for sale on March 13, 2024 by Grow Local Realty, LLC, it's currently listed at $799,000. It has been on the market for a total of 45 days and was last sold on February 27, 2024. This listing's school district is Alamance-Burlington School District. Nearby schools include Harvey R Newlin Elementary, Graham Middle and Graham High. 946 Stone Street is a 10-bed, 7.5-bath, 4,640 sqft multi-family home built in 1980.

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 Grow Local Realty, LLC

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.