1250 Elrado Street Unit #A, Burlington, NC 27217

Property Description

Unique INVESTMENT OPPORTUNITY in EAST BURLINGTON! Sale includes THREE (3) LOTS and FIVE (5) MOBILE HOMES:1250A & 1250B Elrado St, 1249B Elrado St, 1255 Elrado St, & 725 New Jersey Avenue. Zoned RMH. Burlington ETJ with city water/sewer. TAXES: Ala Co ($0.494) & Faucette Fire ($0.09) = $0.584 total tax rate. Two properties rented month to month, three properties vacant. Properties need rehab/repair. Potential $4000 monthly income (at current pricing). ** See full property sales packet before submitting an offer **