1336 Rayon Street

Burlington, NC 27217

$125,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime investment opportunity! Currently generating great rental income with tenants in place, this property offers stability and profitability. Nestled in a highly desirable location, this property also presents an enticing opportunity for renovation and resale. Sold As-Is. Tenant Occupied.Prime investment opportunity! Currently generating great rental income with tenants in place, this property offers stability and profitability. Nestled in a highly desirable location, this property also presents an enticing opportunity for renovation and resale. Sold As-Is. Tenant Occupied.
  1. Listed by Caroline Barlow • eXp Realty, LLC

Property Details for 1336 Rayon Street

Flood Zone
Not in Flood Zone
Zoning
RES
LISTING UPDATED: 11/27/2024 12:23 PM

Property Details for 1336 Rayon Street

StatusPrice Change
MLS #1164088
Days on MarketListed Today
Taxes$1,013 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1943
Lot Size0.28 AC / 12,196 SF
CountyAlamance County

Building Information for 1336 Rayon Street

Stories-Residences2Year Built1943Building Size-Lot Size0.28 AC / 12,196 SF

Property Information for 1336 Rayon Street

Summary
Location and General Information
  • County Or Parish: Alamance
  • City: Burlington
  • Directions: Head east on S Church St (US-70). Turn left onto N Beaumont Ave. Turn left onto Rayon St.
  • Latitude: 36.098735
  • Longitude: -79.414367
  • Postal Code: 27217
  • Subdivision Name: None
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .95%
  • Tax Annual Amount: $1,013.00
  • Tax Assessed Value: $106,348.00
  • Tax Legal Description: HL RAYON ST LT 16
  • Tax Lot: 16
  • Tax Year: 2024
  • Parcel Number: 139148
  • Association: No
Parking
  • Parking Features: Driveway, On Street, No Garage
  • Parking Total: 2.0
  • Garage Description: None
School Information
  • High School: Graham
  • Elementary School: Graham
Property
Lot Information
  • Lot Features: City Lot, See Remarks
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: See PLAT
  • Above Grade Finished Area: 1150.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 1150.0
  • Built Information: Existing
  • Lot Number: 16
  • Water Source: Public
  • Year Built: 1943
Property and Assessments
  • Photos Count: 3
  • Property Type: Residential Income
  • Deed Book: 483
  • Deed Page: 605
  • Environmental Hazards: No
  • PlatBook: 3
  • PlatPage: 150
  • Documents Count: 3
Utilities
  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Foundation Details: Brick/Mortar
  • Pool Features: None
  • Stories: 1
  • Construction Materials: Vinyl Siding
  • Community Features: Remarks
  • Levels: One
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Bathrooms Total Decimal: 1.0
  • Cooling: Central Air
  • Flooring: Carpet, Vinyl
  • Heating: Forced Air, Natural Gas
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
Rental
Rental Information
  • Lease Term: Month To Month
  • Listing Agreement: Exclusive Right To Sell

Property History for 1336 Rayon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1336 Rayon Street

Taxable ValueLand$17,300Additions$89,048Total$106,348
Tax Record2024$499 ($42 / month)
Home Facts
Baths2Total Finished SqFt1,110 SqFtAbove Grade Finished SqFt1,110 SqFtStories1Lot Size12,066 SqFtStyleDuplexYear Built1943ZoningI 1CountyALAMANCEAPN139148Fireplace TypeHas Fireplace

Schools near 1336 Rayon Street

This home is within Alamance-Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Eastlawn Elementary
PublicPK to 5

Broadview Middle
Public6 to 8

Hugh M Cummings High
Public9 to 12

Alamance Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1336 Rayon Street is a multi-family home for sale in Burlington, NC 27217. This property was listed for sale on November 27, 2024 by eXp Realty, LLC, it's currently listed at $125,000. This listing's school district is Alamance-Burlington School District. Nearby schools include Eastlawn Elementary, Broadview Middle and Hugh M Cummings High. 1336 Rayon Street is a 0-bed, 0-bath, multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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