Bought with CHK Realty
For more information regarding the value of a property, please contact us for a free consultation.
1093 US 1 North Highway Norlina, NC 27563
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $305,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2401746
Sold Date 09/01/21
Originating Board Triangle MLS
Year Built 1955
Annual Tax Amount $4,980
Property Sub-Type Single Family Residence
Property Description
INVESTOR ALERT! RARE opportunity to own ELEVEN little houses on 6.54 acres (Warren County Record says 8.77 acres) of beautiful wooded land with potential to develop. Vacancy rate extremely low, most tenants have lived there for years. The vacant lot (E4 151A) (.96 acres!) located east of the last house (behind Norlina public utility fenced-in area) is INCLUDED in the sale! Don't walk, RUN to this deal! (Income Approach) Cap rate: 20%
Location
State NC
County Warren
Direction Off of US 1 North Hwy
Rooms
Basement Crawl Space
Interior
Heating Electric, Forced Air, Heat Pump, Propane
Cooling Central Air, Heat Pump, Window Unit(s)
Flooring Carpet, Laminate
Exterior
View Y/N Yes
Street Surface Unimproved
Garage No
Private Pool No
Building
Lot Description Hardwood Trees, Partially Cleared, Wooded
Faces Off of US 1 North Hwy
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Warren - Northside
Middle Schools Warren - Warren
High Schools Warren - Warren High
Read Less
