1103 N Elm Street, Lumberton, NC 28358

Lumberton
Local realty services provided by:ERA Strother Real Estate
1103 N Elm Street,Lumberton, NC 28358
$1,500,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david zeitz
Office: coldwell banker premier team realty
MLS#:753726
Source:NC_FRAR

Price summary

  • Price:$1,500,000

About this home

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $151,000 per year offers investors a CAP rate of 10%. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: •New duct works under home •New disposal in kitchen •New paint in several rooms •New HVAC in the cottage •New drain lines for the cottage •Extensive landscaping and driveway improvements; 307 W 18th St: •Complete remodel of a main suite •addition of Complete bath and walk-in closet •New floors throughout •New paint and wallpaper throughout •New drive-through and parking lot in back of house •New siding •paint on the back of the home. •Upgrades to all bathrooms; 840 Jane Street: •New landscaping in front of the...

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Home facts

  • Listing ID #:753726
  • Added:110 day(s) ago
  • Updated:March 11, 2026 at 03:00 PM

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000

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