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Multifamily Property with Two Homes
For Sale
$710,000

170 Loop Rd, Burgaw, NC 28425

Two vacant residences have separate wells, septic systems, and individual homesites.

Property Size3,600 SF
Price / SF$197.22
Days on Market40

Property Features for 170 Loop Rd

General Information

Standard status Active
Size 3,600 SF
Property subtype Multi-Family

Units

Unit Mix 4BR/1FB/2HB, 3BR/2FB
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

pond

Building Details

Year Built 1975
Listing Agency: Keller Williams Realty Points East
Listed By: Tyre Realty Group
Source: Tyrerealtygroup
Added: Jul 22 Changed: Aug 29 Last Checked: Aug 29 at 7:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Points East

Investment Insights

Based on property information with market context.

This multifamily property includes two separate residences on over 6 acres. The primary stick-built home at 170 Loop Road offers 4 bedrooms, 1 full bath, and 2 half baths. At 208 Loop Road, a 1998 manufactured home provides 3 bedrooms and 2 full baths. Both homes are vacant, and each residence has its own well, septic system, and homesite.

The 170 Loop Road homesite also includes a 1,700 SF detached garage with electricity and partial framing for additional living, workshop, or studio space. Each homesite has a large storage building, while a pond is positioned toward the rear of the property. Access is provided by a recorded easement. The property is located minutes from the Amazon fulfillment center, near downtown Burgaw, and approximately 20 minutes from Wilmington, area beaches, shopping, dining, and Wilmington International Airport.

Key Highlights

  • Two separate vacant homes on over 6 acres
  • Primary home at 170 Loop Road has 4 bedrooms, 1 full bath, and 2 half baths
  • 1998 manufactured home at 208 Loop Road includes 3 bedrooms and 2 full baths

Property Analytics

Current Use

Multifamily properties

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 28425, NC

10,280
Population
4,910
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
85%
High-School Grad
153.5 sq mi
ZIP Area
67
Density / Sq Mi
$65,163
Median Household Income
$34,827
Median Earnings
$989
Median Rent
$206,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two vacant residences have separate wells, septic systems, and individual homesites.
Where is this multifamily property located?
The property is located at 170 Loop Rd Burgaw, NC.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two separate vacant homes on over 6 acres; Primary home at 170 Loop Road has 4 bedrooms, 1 full bath, and 2 half baths; 1998 manufactured home at 208 Loop Road includes 3 bedrooms and 2 full baths
More about this property
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