10 Beds
5 Baths
2.44 Acres Lot
10 Beds
5 Baths
2.44 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4419474
Bedrooms 10
Full Baths 5
Lot Size 2.440 Acres
Acres 2.44
Property Sub-Type Fiveplex
Property Description
Each of the five units features 2 bedrooms and 1 bathroom, with an average monthly rent of approximately $750 per unit—providing an estimated $3,750 in gross monthly rental income at full occupancy.
Each unit is separately metered for water and electricity, helping simplify utility management for the property owner. The property is currently configured with two units per septic system.
What really sets this investment apart is the potential for expansion. Approximately half of the 2.44-acre property remains undeveloped, creating the possibility for additional units or other future development, subject to county approvals, zoning, septic capacity, and other applicable requirements.
Whether you're looking to add an established income-producing property to your portfolio or searching for an investment with room to grow, 3686 Cook Rd W offers both current cash flow and future potential.
5 Rental Units • 2 BR / 1 BA Each • Approx. 2.44 Acres • Separately Metered Utilities • Approx. $3,750 Gross Monthly Rent at Full Occupancy • Potential for Additional Development
Location
State NC
County Burke
Zoning County R2
Interior
Heating Electric
Cooling Electric
Appliance Other
Laundry Other - See Remarks
Exterior
Street Surface Asphalt,Paved
Garage false
Building
Dwelling Type Manufactured
Foundation Crawl Space
Sewer Septic Installed
Water Public
Structure Type Aluminum
New Construction false
Schools
Elementary Schools Drexel
Middle Schools Heritage
High Schools Jimmy C Draughn
Others
Pets Allowed No
Senior Community false
Special Listing Condition None
Nearby Locations
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