Property profile

203 Brittain Dr Morganton, NC 28655

OFF-MARKET
Residential income homes
Property ID
US53-3387963
0.6 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents three separate, identical single-family homes located at 203, 205, and 207 Brittain Drive in Morganton, North Carolina. Each unit boasts two bedrooms and one bathroom, currently generating a monthly rental income of $900 per unit, totaling $2,700 per month. Situated on a 0.6-acre lot, this triplex offers a compelling combination of stable cash flow and potential for future appreciation. The property is identified by APN 1783738380 and is being offered for sale by the owner. This is an owner-user investment opportunity, ideal for those seeking a hands-on approach to real estate investment. The properties are located in Burke County, North Carolina, with the precise address being 203 Brittain Drive, Morganton, NC 28655. The asking price for this turnkey multifamily investment is $282,500. This represents a strong value proposition in the current market, offering a solid return on investment with the potential for further income growth through future rent increases or property improvements. The seller is open to cooperating with brokers.

Property profile

Verified
Property type Residential income homes
Lot 0.6 ac (26,136 SF)
UPID US53-3387963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

203 Brittain Dr Morganton, NC 28655
Morganton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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