903 N Park Rd, Burlington, NC 27217
$118,000
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Home Description
Investment Opportunity: Ranch-style property in Burlington on a .18-acre lot. This property features two bedrooms with carpeting, a bathroom with a tub/shower combo and vinyl flooring, and a covered porch. Currently rented at $630/month with a month-to-month lease, well below market value, offering significant potential for rental income growth. The property is priced at over a 7.2% CAP rate based on fair market rental rates. New roof installed in 2021. Sold AS-IS. Don't miss this opportunity to increase cash flow in a desirable location!
- # Fireplaces: 0
- Flooring: Carpet
- Full Baths: 1
- Half Baths: 0
- Parking: Driveway,Outside
- Construction Materials: Frame,Stucco
- Roof: Shingle
- Foundation: Raised
- Patio/Porch: Covered,Front Porch
- Fencing: None
- Lot: Back Yard,Front Yard
- Lot Size Acres: 0.18
Available now at $118,000
- Property Type: Single Family Residence
- Style: Ranch
- Levels: One
- New Construction: No
- Heating: Central
- Cooling: Ceiling Fan(s),Central Air
- Water Source: Public
- Sewer: Public Sewer
- Total HOA Dues: $0.00
- Annual Taxes: $600.00
- Listing Office: Berkshire Hathaway HomeService
- List Status: Active
Neighborhood
The average asking price of a 2 bedroom Burlington home in this zip code is
$175,170 (48.4% more than this home).
This home is priced at $130/sqft,
which is 39.3% less than similar homes
in the 27217 zip code.
Bank Owned
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School Information
- Elementary:Alamance - R Homer Andrews
- Middle School:Alamance - Broadview
- High School:Alamance - Hugh Cummings
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(336) 414-5553 and speak with one of our real estate consultants.
Popular Homes
$444,876
$400,885
203
0.0%
50.7%
100
$602,400
$539,000
7
0.0%
42.9%
100
$383,938
$359,822
158
1.9%
27.2%
90
$345,232
$315,000
47
0.0%
34.0%
132
$359,817
$306,000
6
0.0%
83.3%
102
$406,999
$384,750
133
0.8%
28.6%
94
$631,967
$671,000
3
0.0%
0.0%
109
$398,068
$359,900
22
0.0%
40.9%
74
$361,704
$350,000
23
0.0%
47.8%
80
$317,947
$292,725
125
0.8%
43.2%
106
$633,200
$527,500
12
0.0%
25.0%
137
$420,931
$439,500
28
0.0%
42.9%
70
$270,051
$242,000
43
0.0%
37.2%
96
$418,986
$369,900
147
0.0%
51.0%
132
$544,536
$430,000
121
0.8%
28.1%
93
$395,437
$359,000
51
2.0%
43.1%
84
$407,735
$379,664
137
0.7%
49.6%
96
$384,371
$372,940
59
0.0%
54.2%
88
$270,934
$237,000
68
5.9%
51.5%
89
$527,283
$346,950
6
0.0%
50.0%
73
$337,907
$314,900
46
2.2%
39.1%
67
$524,900
$524,900
1
100.0%
100.0%
227
$534,480
$410,000
10
0.0%
50.0%
75
$365,456
$355,672
264
0.0%
45.1%
101
$404,357
$359,900
145
1.4%
35.9%
96
$484,621
$419,900
115
1.7%
33.0%
83
$392,947
$350,450
50
8.0%
34.0%
100
$369,688
$328,000
45
0.0%
40.0%
90
$1,061,032
$720,843
38
0.0%
28.9%
82
$355,781
$327,950
78
2.6%
37.2%
66
$223,750
$223,750
2
0.0%
50.0%
45
$1,108,934
$900,000
193
0.5%
27.5%
129
$365,400
$324,900
48
2.1%
43.8%
132
$279,173
$250,000
165
7.9%
43.0%
80
$727,444
$539,000
9
0.0%
44.4%
106
$330,492
$274,900
73
0.0%
47.9%
91
$383,478
$350,000
473
0.4%
34.5%
114
$359,003
$319,900
83
1.2%
32.5%
80
$736,656
$499,000
29
13.8%
37.9%
106
$348,172
$335,800
199
0.5%
45.7%
107
$342,751
$299,000
21
0.0%
47.6%
107
$363,474
$322,500
60
3.3%
30.0%
94
$920,525
$542,450
8
0.0%
25.0%
65
$429,855
$475,000
11
0.0%
27.3%
49
Listing Courtesy of Berkshire Hathaway HomeService.
For information or to schedule a viewing of this property (MLS# 10072296), call: 336-414-5553
903 N Park Rd, Burlington NC is a single family home of 910 sqft and
is currently priced at $118,000
.
This single family home has 2 bedrooms.
A comparable home for sale at 205 Elmira St in Burlington is listed at $95,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Burlington, NC.
Apple Ridge, Long Meadows and Miss Minnies Place are nearby neighborhoods.
MLS 10072296 has been posted on this site since 1/23/2025 (today).
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non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved. Listings last updated 2/6/2025.