406-408 Burkemont Avenue, Morganton, NC 28655

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by:sara black
Office:re/max southern lifestyles
MLS#:4294212
Source:CH
406-408 Burkemont Avenue,Morganton, NC 28655
$1,333,000
  • - Beds
  • - Baths
  • 7,904 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,333,000
  • Price per sq. ft.:$168.65

About this home

Excellent investment opportunity to own two, fully-occupied 4-unit apartment buildings (8 units total) with exceptional rental income. All apartments are two bedrooms and 1 bathroom. The building has two apartments upstairs and two downstairs with a central hallway and back deck. Downtown Morganton location with excellent long term tenants and 100% occupancy. Investors can enjoy immediate returns from day one while strategically improving the properties for higher rents and long-term growth. Located within walking distance to Case Farms, Wal-Mart, North Carolina School of Science and Math-Morganton, and NC School for the Deaf. Close to Interstate 40 and Downtown Morganton.

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Home facts

  • Year built:1961
  • Listing Id #:4294212
  • Updated:August 22, 2025 at 06:05 PM

Rooms and interior

  • Living area:7,904 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1961
  • Building area:7,904 sq. ft.
  • Lot area:0.9 Acres

Schools

  • High school:Freedom
  • Elementary school:Forest Hill

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,333,000
  • Price per sq. ft.:$168.65
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