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: Active
Neighborhood
The average asking price of a 2 bedroom Burlington home in this zip code is
$172,646 (46.3% more than this home).
This home is priced at $130/sqft,
which is 35.8% 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) 799-8209 and speak with one of our real estate consultants.
Popular Homes
$446,360
$409,994
210
0.0%
44.8%
107
$556,300
$519,500
6
0.0%
50.0%
110
$379,182
$359,745
161
1.9%
23.6%
86
$341,118
$313,990
49
0.0%
34.7%
125
$361,483
$310,950
6
0.0%
83.3%
96
$403,989
$383,450
134
0.7%
27.6%
92
$673,000
$673,000
2
0.0%
0.0%
157
$379,978
$359,900
23
0.0%
26.1%
78
$371,172
$350,000
25
0.0%
52.0%
96
$314,953
$284,950
120
0.8%
44.2%
115
$661,090
$555,000
10
0.0%
30.0%
156
$427,736
$450,000
27
0.0%
22.2%
73
$269,362
$242,250
42
0.0%
38.1%
96
$422,630
$374,800
145
0.0%
53.1%
133
$537,213
$429,325
122
0.0%
32.0%
101
$396,546
$359,320
50
2.0%
44.0%
80
$405,125
$378,820
134
0.7%
52.2%
96
$381,818
$372,940
61
0.0%
57.4%
86
$279,476
$245,000
71
7.0%
53.5%
88
$556,940
$314,900
5
0.0%
60.0%
81
$335,648
$313,790
46
2.2%
39.1%
69
$524,900
$524,900
1
100.0%
100.0%
221
$522,164
$400,000
11
0.0%
54.5%
73
$367,382
$355,710
268
0.0%
47.4%
106
$408,241
$350,000
143
1.4%
38.5%
98
$479,077
$439,900
117
0.9%
32.5%
82
$394,845
$350,450
50
8.0%
36.0%
98
$364,896
$323,750
46
0.0%
39.1%
91
$1,095,072
$765,000
35
0.0%
34.3%
84
$346,033
$322,450
70
2.9%
48.6%
79
$223,750
$223,750
2
0.0%
50.0%
39
$1,097,890
$900,000
193
1.0%
28.0%
134
$364,449
$324,900
49
2.0%
44.9%
130
$268,409
$250,000
156
8.3%
43.6%
84
$703,538
$539,000
13
0.0%
30.8%
94
$323,971
$272,450
76
0.0%
48.7%
89
$381,203
$349,995
474
0.4%
34.4%
113
$367,874
$323,750
80
1.2%
30.0%
80
$737,173
$499,000
29
13.8%
34.5%
101
$347,024
$336,900
202
0.5%
45.5%
103
$338,298
$299,000
21
0.0%
47.6%
102
$352,618
$316,250
62
3.2%
33.9%
101
$861,578
$390,000
9
0.0%
33.3%
69
$429,855
$475,000
11
0.0%
27.3%
43
Listing Courtesy of Berkshire Hathaway HomeService.
For information or to schedule a viewing of this property (MLS# 10072296), call: 919-799-8209
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 5951 N Nc Hwy 62 in Burlington is listed at $157,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Burlington, NC.
Piedmont Heights, Apple Ridge and Long Meadows are nearby neighborhoods.
MLS 10072296 has been posted on this site since 1/23/2025 (today).
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database.
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely
in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall
be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers� personal,
non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved. Listings last updated 1/30/2025.