119 Ireland StBurlington, NC 27217

This exceptional investment opportunity encompasses a 21-unit multifamily property situated on a 0.95-acre lot at 119 & 120 N Ireland Street in Burlington, NC. The property comprises five buildings, with two constructed in 1930 and three in 1985. The older buildings, each containing four units, feature shared washer/dryer facilities in the basement. The three newer buildings house a total of 17 units with individual washer/dryer hookups. The property boasts a mix of unit sizes, including approximately 21 one-bedroom units averaging 700 square feet, one three-bedroom unit of approximately 1200 square feet, and two two-bedroom units of approximately 900 square feet each. Significant rental upside potential exists due to many units currently renting below market value. The newer buildings feature roofs approximately four years old. The property is professionally managed, offering convenience and efficiency. Heating and cooling systems vary