616 Mebane Street, Burlington NC
- 10 Bed
- 0.3 ac
For Sale $299,900
Remarks:
An amazing opportunity awaits the discerning investor buyer looking for a quadruplex with a great location. Home could certainly be converted back into a single family home again, if desired, but do note each unit is metered separately presently. No showings as all 4 units are rented to separate tenants so will need a LOI/POF to schedule and plenty of advance notice. Monthly rental income is as follows: Unit 1 $850; Unit 2 $650; Unit 3 $800; Unit 4 $750 and all units are leased on a Month-to-Month basis.
General Information:
| List Price: | $299,900 |
| Status: | For Sale |
| Bedrooms: | 10 |
| Type: | Fourplex |
| Parking: | Circular Driveway, Driveway |
| MLS Number: | CAR4228232 |
| Style: | Traditional, Victorian |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-30-2025 | Listed | $299,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| River Mill Academy | 4 miles | KG-06 | 8 |
| Gibsonville Elementary School | 7 miles | PK-05 | 5 |
| Clover Garden | 7 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 616 Mebane Street, Burlington NC | 0 mi | $299,900 | days | |
| 1542 Farningham Lane, Burlington NC | 1 mi | $232,500 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 27217
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Coldwell Banker HPW
616 Mebane Street, Burlington NC is a ft2 on a 0.306 acres Appraisal lot. This is for $299,900. This has 10 bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2025-04-30 10:30:22 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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