203 Brittain Dr, Morganton, NC 28655
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.