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412 Sara Chip LN Leland, NC 28451
637 SqFt
UPDATED:
01/06/2025 08:29 PM
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 637 sqft
Price per Sqft $1,562
Subdivision Not In Subdivision
MLS Listing ID 100473795
HOA Y/N No
Originating Board Hive MLS
Year Built 1967
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 100 x 120
Property Description
Property sold as a package with MLS#100473793. PRICE IMPROVED AND RENTS INCREASED FOR 2025! Take over this residential investment portfolio in Leland! Over 8% cap rate with current rents with the opportunity to raise rents to increase profits. Fully occupied with long term tenants in place. Sale includes 2 parcels of land with 4 buildings total. There are 2 single family homes (1 manufactured and 1 stick-built) and 2 duplexes for a total of 6 units. Each single family home has 2 bed/1 bath and each of the 4 units in duplexes have 2 bed/2 bath. Conveniently located to grocery stores and businesses in Leland!
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning T40
Direction Turn off of Village Rd. Property is situated on the corner of Oakland Ave and Sara Chip Lane
Interior
Heating Electric
Building
New Construction No
Others
Tax ID 310705095642
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Listed by Shoreline Properties