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$1,333,000
16 Beds
-- Bath
7,904sqft
406-408 Burkemont Ave, Morganton, NC 28655
$1,333,000
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Apartment
Built in 1961
$-- HOA
0.9 acre lot
$169/sq.ft
Description
Excellent investment opportunity to own two, fully-occupied 4-unit apartment buildings (8 units total) with exceptional rental income. All apartments are two bedrooms and 1 bathroom. The building has two apartments upstairs and two downstairs with a central hallway and back deck. Downtown Morganton location with excellent long term tenants and 100% occupancy. Investors can enjoy immediate returns from day one while strategically improving the properties for higher rents and long-term growth. Located within walking distance to Case Farms, Wal-Mart, North Carolina School of Science and Math-Morganton, and NC School for the Deaf. Close to Interstate 40 and Downtown Morganton...
Continue Reading- Houzeo last checked: 9 Minutes ago
- Listing updated: November 18, 2025 at 4:51 pm
- Listing Provided by: Sara Black (828) 413-1255 | RE/MAX Southern Lifestyles
- Source: Canopy MLS | MLS#: 4294212
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
7,904 sqft
Lot Size
0.9 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4294212
MLS Status
Active
Days on Market
106
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