312 Stokes Street Burlington, NC $ 829,900
312 Stokes Street
$ 829,900
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312 Stokes Street

Burlington, NC, 27215
$ 829,900
Bedrooms5 Baths5.0

Monthly Estimate*

$ 5,110

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312 Stokes Street, Burlington, NC 27215 - Image 2
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312 Stokes Street, Burlington, NC 27215 - Image 9

Multi-Family Home for sale in Burlington, NC

for $829,900 with 5 bedrooms and 5 full baths. This home was built in 1984.

Incredible investment opportunity! 3840 square foot 5-unit building, fully rented with all tenants living there for two years or more. All units are 2- bedroom units, 1- Bath each with their own parking space and plenty off street parking. Projected rental income of $86150 for 2025. All units has it’s on water and power meter. NEW VINYL AND REPLACEMENT WINDOWS INSTALL LAST MONTH, ALL DISHWASHER REPLACED WITHIN THE LAST TWO MONTHS, ROOF REPLACED WITHIN THE LAST 2 YEARS. CENTRAL AIR/HEAT,LVP and WASHER/DRYER HOOK UPS IN ALL UNITS. All tenants are currently on a lease and all wish to remain in place.

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Multi-Family Pending

Price

$ 829,900

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 1,614

Style

Two Story

Year Built

1984

Town/City

Burlington

County/Region

Alamance

MLS | Web ID

1197508

Features
General
Sewer Public Sewer
Heating Heat Pump Electric
Cooling Central Air
Appliances Electric Water Heater
Zoning MF A
Architectural Style Two Story
Pool Features None
Construction Materials Vinyl Siding
Year Built 1984
Property Subtype Apartment
County Alamance
Property Type Residential Income
HOA No
Status Pending
Directions FROM E. WEBB AVE. TURN ONTO WHITSETT ST. THEN TURN RIGHT ONTO STOKES ST. PROPERTY WILL BE LOCATED ON YOU LEFT.
City Burlington
Number Of Units Total 5
Number of Units Leased 5
Listing Terms Cash Conventional
Tax Annual Amount 1614.5
Standard Status Pending
Pool Y/N No
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Interior
Flooring Laminate
Laundry Features Washer/Dryer Connection
Heating Fuel Electric
Water Heater Electric
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Exterior
Parking Features Paved
Lot Features City Lot Level
Water Source Public
Building Area Total 3840
Lot Dimensions 101 x 153 x 100 x 152
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Internal Only
Street Number 1 312
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* Excluded Features
List By
Dean Ward

Listing Agent

Elevation Realty

Broker

Jadconc@gmail.com

Email

Affordability Calculator

$5,244
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,110
Monthly Property Taxes
$135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$829,900 Listed Price

Map


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312 Stokes Street, Burlington, NC, 27215 is a Multi-Family Home for sale at $829,900. 312 Stokes Street has 5 bedrooms, 5.0 baths, and was built in 1984. The property's zip code is 27215 which is in Burlington, NC