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0 Baths

$1,250,000

1103 N Elm Street, Lumberton NC, 28358

Property typeMulti-family

Overview

Active

Listed Nov 21, 2025

Updated Sep 11

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year. Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: •New duct works under home •New disposal in kitchen •New paint in several rooms •New HVAC in the cottage •New drain lines for the cottage •Extensive landscaping and driveway improvements; 307 W 18th St: •Complete remodel of a main suite •addition of Complete bath and walk-in closet •New floors throughout •New paint and wallpaper throughout •New drive-through and parking lot in back of house •New siding •paint on the back of the home. •Upgrades to all bathrooms; 840 Jane Street: •New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable at: https://tinyurl.com/28358dz

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

 

Courtesy of COLDWELL BANKER PREMIER TEAM REALTY

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kendra Conyers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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