$ 1,100,000
113 Oakland AVE Leland, NC 28451
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$ 1,100,000
Est. payment | /mo
4,470 SqFt
$ 1,100,000
Est. payment | /mo
4,470 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,470 sqft
Price per Sqft $246
Subdivision Not In Subdivision
MLS Listing ID 100473793
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 2006
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 357 x 100 ft
Property Description
Property sold as a package with MLS#100473795. Take over this residential investment portfolio in Leland! 7% 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 From Village Rd, turn onto Oakland Ave
Interior
Heating Electric
Building
New Construction No
Others
Tax ID 310705096581
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Listed by Shoreline Properties
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Nolan Payne
Owner/Broker In Charge | License ID: 267841