1103 N Elm St Lumberton, NC 28358

***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 $151,000 per year offers investors a CAP rate of 10%. 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