215 N Logan Street, Burlington, NC 27217

$500,000

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Sold Price
$500,000
List Price
$499,900
Closing Date
Apr 27, 2026
MLS#
1200908
Status
CLOSED
Type
Multifamily
Subtype
Quadruplex
Lot Size
34,630

Property Description

An amazing opportunity awaits the discerning investor buyer looking for a beautifully renovated investment property in Burlington. 4 of the 5 units are rented to separate tenants so potential Buyers will need a LOI/POF to schedule a showing of those units, and will need to allow plenty of advance notice to the tenants. The owner is leaving the one unit, Unit A, vacant at this time to make viewings easy for all. Monthly rental income is as follows: Unit A- 2 bed/1bath- Vacant; Unit B- 2 bed/1bath- $1125 a month expiring 8/31/26; Unit C- 1 bed/1bath- $800 a month expiring 6/30/26; Unit D- 2 bed/ 1 bath- $1100 a month expiring 8/31/26; Unit E- 3 bed/2 bath- $1570 a month expiring 8/31/26.

Additional Information

Acres
0.80
Built Information
Existing
Cooling Type
Other
Elementary School
Hillcrest
Heating
See Remarks
Heating Fuel
Remarks
High School
Walter M Williams
Land Description
City Lot
Lot Description
City Lot
Lot Dimensions
70 x 384 x 138 x 331
Lot Size
34,630
Middle School
Turrentine
Parking
Gravel, On Street
Sewer
Public Sewer
Show Street Address
Yes
Style
Two Story
Total Units
5
Water
Public
Water Heater
Unknown
Year Built
1925

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER - HP&W. Contact:

Selling Office: NorthGroup Real Estate.