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Listed price in listed location currency (USD).
$1,333,000

000

MLS® 4294212

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 7904 sqft
Garage No
HOA Fees 
Taxes 
Days Active 105
Approx. Age 1961
Avg. Price Per Sqft $168
MLS® Number 4294212

Property Address: 408-406-408 Burkemont Ave, Morganton, NC, 28655-4281

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4294212
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelUtility Room
Exposure
Exterior
GarageNo
Approx. Age1961
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 22, 2025List Date
$1,333,000List Price
  • Commute

Commute

Starting Address
Destination Address
406-408 Burkemont Ave, Morganton, NC

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