Seller represented by:
Ed Carr with Carr Real Estate Company

1116 Phillips Street
  • Active
  • Single Family Residence

1116 Phillips Street, Clinton, NC 28328 1116 Phillips Street Get directions

$400,000
2 Beds 1 Bath 550 Sq.ft. 2.85 Acre Lot
  • Age 75 Years
  • Area Other
  • MLS# 100470116
  • Listed October 08, 2024

Overview

Four (4) Parcels with 2.85 +- Acres of Land with 14 Single Family Houses. Range of 500 - 600 +- sq. ft. in each house built in 1950 +- and used as rental property. Each house has 2 bedrooms and 1 bath LR and Kitchen Combo. All measurements are approximate. Each may vary some. Houses are in fair to poor condition. Some have Central HVAC some don't. Some need to be remodeled / rebuilt. 5 houses are currently rented for $400. per month. Lots of upside potential with this property for someone looking to invest in residential rental property who does not mind doing some reconstruction / remodeling. ALSO, these parcels have a great potential for total redevelopment for possibly a new construction development for rental property. Call for more information and or a showing of the property. Parcel No. 15114742701, 15114742703, 15114742702, 15114742704. Addresses are 1116,1118,1120,1122,1124,1126,1128,1130,1134,1136,1129,1131,1135,1137 Phillips Street. This property also has room to possibly build more houses if desired. Property and houses are being sold in ''AS IS'' physical condition. Also, Once a new buyer purchases all of the property they they may be able to subdivide each lot off. Talk with the Planning and Zoning office to understand what can be done with this property.

Features

Appliances

  • None

Flooring

  • Vinyl

Cooling

  • None
  • Central Air

Heating

  • None
  • Forced Air

Fireplaces

  • Has Firepace: No

Fireplace Features

  • None

Exterior

  • Fencing: None

Patio and porch

  • None

Lot

  • 2.85 acres
  • Lot Size: 124146 sq ft
  • Lot Size Area: 2.85
  • Lot Size Dimensions: See Survey Map and GIS Maps

Garage and Parking

  • On Site
  • Attached Garage: No

Construction Details

  • Shingle
  • Block

Utilities

  • Sewer Available
  • Water Available

Sewer

  • Public Sewer

Water Source

  • Public

Nearby Schools

School Type School
Elementary School Butler Avenue Elementary
Middle Or Junior School Sampson Middle
High School Clinton High
  • 1116 Phillips, Clinton, NC 28328 $400,000
  • 2 Beds 1 Bath 550 Sq. ft. 2.85 Acre Lot

Request a Showing

  • Ed Carr

    Broker/Owner
  • Carr Real Estate Company/ Carr Realtors 206 Lisbon St, Clinton, NC 28328
  • Work (910) 592-4232
  • Mobile (910) 990-5466
  • Email Ed@CarrRealtors.com
  • Areas Served Clinton, Newton Grove, Roseboro, Salemburg, Turkey, Garland, Harrells and Godwin areas in Sampson County North Carolina.
  • Specializations -
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