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About This Home

This -bedroom, -bathroom multi-family at 601 Main Street in Lillington, NC is listed for $4,950,000 ($107 per sqft). Built in 1999, the home offers 46,400 sqft of living space on a 7.10 acres lot.

Agent Description

Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance.

Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with each unit is Fridge, Stove, Washing Machine, Dryer, garbage dumpster, ground care. Onsite office that is currently used for storage by the property management and maintenance crew.

Units have been maintained as needed- All new roofs 2016, AC units and appliances have been replaced as needed, work orders are completed as they are submitted, approx. 50% of units have been replaced with LVP flooring on the main level and in the bathrooms, carpet replaced as needed.

All tenants have a deposit in trust. ADDITIONALLY: 2.85 acres of cleared land for 24 additional units, 4 buildings with 6 units each, already addressed by Harnett County and plans in hand. All utilities are at the road. Plans will be conveyed to the buyer at closing

Key Features

  • Built in 1999
  • 7.10 acre lot
  • 2 stories

Property Details

2 stories
71 full, 33 half
1999

Amenities

A/C

Monthly Cost Estimate

$26,474/mo

20% down · 6.5% · 30 years

Principal$3,580
Interest$21,450
Insurance$1,444

Estimates only. Actual payments may vary.

Location

601 Main Street

Lillington, NC 27546

Not in a Subdivision

Features & Amenities

Exterior Features

Storage

Property Details

Flooring

VinylCarpet

Construction

Brick Veneer Frame Vinyl Siding

Heating

CentralForced Air

Cooling

Heat PumpElectricCentral Air

Appliances

DishwasherDryerElectric CooktopRefrigeratorWasherWater Heater

Questions & Answers

This null-bedroom, null-bathroom multi-family at 601 Main Street is listed at $4,950,000 ($107/sqft). The estimated monthly payment is $21,450 based on 20% down at 6.5% interest.

Key features include: Built in 1999, 7.10 acre lot, 2 stories. Exterior Features: Storage.

This property is listed by Lucia Turlington and can be reached at 9196976905 or lcturlington.treg@gmail.com.

LT

Lucia Turlington

Agent at Turlington Real Estate Group

(919) 697-6905

Listed by Turlington Real Estate Group · View on Broker Site

MLS# 10145383· Source: listhub· Updated 139 days ago

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601 Main Street, Lillington, NC 27546

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