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: Pending
Neighborhood
The average asking price of a 2 bedroom Burlington home in this zip code is
$185,544 (57.2% more than this home).
This home is priced at $130/sqft,
which is 49.4% 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
(919) 616-5492 and speak with one of our real estate consultants.
Popular Homes
$434,087
$409,002
212
0.0%
46.7%
80
$614,338
$550,000
8
0.0%
25.0%
42
$379,698
$343,200
172
1.7%
30.2%
94
$351,239
$321,950
38
2.6%
28.9%
112
$357,150
$302,950
6
0.0%
83.3%
120
$395,256
$384,000
135
0.7%
32.6%
84
$631,967
$671,000
3
0.0%
0.0%
135
$458,656
$359,900
25
4.0%
36.0%
71
$386,911
$349,950
28
0.0%
46.4%
53
$314,371
$287,450
128
3.1%
42.2%
86
$795,375
$555,000
12
8.3%
25.0%
125
$416,504
$435,000
26
0.0%
42.3%
64
$277,462
$249,000
45
2.2%
42.2%
89
$422,833
$374,975
148
0.7%
49.3%
130
$530,875
$433,125
132
3.0%
31.1%
82
$391,830
$357,940
46
2.2%
41.3%
75
$413,124
$379,664
147
0.7%
46.3%
87
$384,574
$374,940
68
0.0%
39.7%
73
$293,770
$240,000
75
4.0%
50.7%
80
$539,483
$407,500
6
0.0%
16.7%
47
$336,861
$314,990
53
1.9%
35.8%
58
$519,900
$519,900
1
100.0%
100.0%
248
$663,264
$437,450
12
0.0%
33.3%
43
$364,784
$355,000
277
0.0%
43.3%
91
$411,769
$369,900
141
2.1%
35.5%
99
$507,158
$419,900
120
1.7%
35.8%
77
$406,970
$360,000
53
7.5%
41.5%
93
$337,841
$304,448
48
0.0%
41.7%
81
$910,626
$719,900
41
0.0%
39.0%
65
$353,238
$320,900
69
2.9%
50.7%
75
$209,875
$207,250
4
0.0%
25.0%
32
$1,124,557
$935,000
207
0.5%
28.0%
110
$363,359
$321,200
46
2.2%
45.7%
131
$278,211
$255,990
179
7.3%
44.1%
76
$659,627
$485,000
11
0.0%
36.4%
93
$329,451
$275,000
74
0.0%
50.0%
87
$389,241
$359,435
501
0.8%
29.7%
97
$364,999
$319,900
87
3.4%
33.3%
85
$801,844
$667,500
30
13.3%
43.3%
78
$350,222
$339,925
220
0.5%
41.8%
98
$346,331
$306,240
16
0.0%
37.5%
89
$383,092
$341,000
56
5.4%
42.9%
99
$765,845
$379,900
11
0.0%
45.5%
54
$469,139
$465,000
15
0.0%
53.3%
35
Listing Courtesy of Berkshire Hathaway HomeService.
For information or to schedule a viewing of this property (MLS# 10072296), call: 919 616 5492
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 227 Kent St in Burlington is listed at $115,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Burlington, NC.
Piedmont Heights, Long Meadows and Bedford Hills are nearby neighborhoods.
MLS 10072296 has been posted on this site since 1/23/2025 (today).
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