312 Stokes Street, Burlington, NC 27215

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Listing courtesy of Elevation Realty. Contact:

Seller Representative Elevation Realty

Sold Price
$780,000
List Price
$829,900
Closing Date
Feb 04, 2026
Status
CLOSED
MLS#
1197508
Year Built
1984

Property Description

Incredible investment opportunity! 3840 square foot 5-unit building, fully rented with all tenants living there for two years or more. All units are 2- bedroom units, 1- Bath each with their own parking space and plenty off street parking. Projected rental income of $86150 for 2025. All units has it’s on water and power meter. NEW VINYL AND REPLACEMENT WINDOWS INSTALL LAST MONTH, ALL DISHWASHER REPLACED WITHIN THE LAST TWO MONTHS, ROOF REPLACED WITHIN THE LAST 2 YEARS. CENTRAL AIR/HEAT,LVP and WASHER/DRYER HOOK UPS IN ALL UNITS. All tenants are currently on a lease and all wish to remain in place.

Additional Information

Style
Two Story
Parking
Paved
Lot Description
City Lot, Level
Water
Public
Flooring
Laminate
Heating
Heat Pump, Electric

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks