119 & 120 N Ireland Street Burlington, NC $ 1,400,000
119 & 120 N Ireland Street
$ 1,400,000
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119 & 120 N Ireland Street

Burlington, NC, 27217
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 9,779

119 & 120 N Ireland Street, Burlington, NC 27217 - Image 1
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 2
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 3
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 4
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 5
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 6
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 7
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 8
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 9
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 10
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 11
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 12
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 13
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 14
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 15
119 & 120 N Ireland Street, Burlington, NC 27217 - Image 16
Studio

Commercial Property for sale in Burlington, NC

for $1,400,000. This building was built in 1920 on a lot size of 0.95.

Great investment opportunity. 119 & 120 N Ireland. There are two buildings that have 4 units in each building; built in 1930. There are 3 buildings that were built in 1985 that have 17 units in them. The two older buildings have washer/dryer in the basement. The newer building has washer & dryer hookups. Many of the rents are significantly under market. The newer building has roofs that are about 4 years old. Professionally managed. 21 units are one bdrms approx. 700 sqft. , one-three bdrm unit 1200 sqft., two- 2 bdrm units 900 sqft. Tenants pay all utilities, except water for 9 units. Central heat & air in 19 units. 6 units have window AC's. Wiring mostly cooper and plumbing is mostly copper and pvc/cpvc.

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Commercial Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,513

Style

Multi Family

Lot Size

0.95

Year Built

1920

Town/City

Burlington

County/Region

Alamance

MLS | Web ID

10008204

Features
General
Sewer Public Sewer
Cooling Central Air Window Unit(s)
Roof Shingle
Appliances Range Refrigerator Oven
Construction Materials Brick
Year Built 1920
Stories 1
Property SubType Multi Family
County Alamance
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Burlington
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 41382
Waterfront Y/N N
Carport Y/N N
Street Name Ireland
Property Attached Y/N N
Tax Annual Amount 9513.04
Lease Considered Y/N N
Days on Market 93
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Paved
Water Source Public
Lot Size Area 41382
Spa N
Building Area Total 16488
Lot Size Acres 0.95
Lot Size Units Square Feet
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Nikeica Peterson

Listing Agent

Peterson Real Estate Propertie

Broker

Affordability Calculator

$10,572
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
$793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
343702 Elementary School
343439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$1,400,000 -6.35% Price Down
1/26/2024$1,495,000 Listed Price

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119 & 120 N Ireland Street, Burlington, NC, 27217 is a Commercial Property for sale at $1,400,000 with a lot size of 0.95. 119 & 120 N Ireland Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 27217 which is in Burlington, NC