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    OFF-MARKET
    Residential income homes

    203 Brittain Dr, Morganton, NC 28655

    0.6 ac lot
    Property ID
    US53-3387963
    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)
    APN 1783738380
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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