412 Sara Chip Lane

Leland, NC 28451

$1,100,000
Price
Beds
637 Sq. Ft.
$1,727 / Sq. Ft.
637
Sq. Ft.
$1,727
per Sq. Ft.

Description

Property sold as a package with MLS#100473793. Take over this residential investment portfolio in Leland! 7% cap rate with current rents with the opportunity to raise rents to increase profits. Fully occupied with long term tenants in place. Sale includes 2 parcels of land with 4 buildings total. There are 2 single family homes (1 manufactured and 1 stick-built) and 2 duplexes for a total of 6 units. Each single family home has 2 bed/1 bath and each of the 4 units in duplexes have 2 bed/2 bath. Conveniently...Property sold as a package with MLS#100473793. Take over this residential investment portfolio in Leland! 7% cap rate with current rents with the opportunity to raise rents to increase profits. Fully occupied with long term tenants in place. Sale includes 2 parcels of land with 4 buildings total. There are 2 single family homes (1 manufactured and 1 stick-built) and 2 duplexes for a total of 6 units. Each single family home has 2 bed/1 bath and each of the 4 units in duplexes have 2 bed/2 bath. Conveniently located to grocery stores and businesses in Leland!
  1. Listed by Jordan Laham • Shoreline Properties

Property Details for 412 Sara Chip Lane

Subdivision Name
Not In Subdivision
Zoning
T40
LISTING UPDATED: 11/09/2024 09:34 AM

Property Details for 412 Sara Chip Lane

StatusActive
MLS #100473795
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1967
Lot Size0.27 AC / 11,761 SF
CountyBrunswick County

Building Information for 412 Sara Chip Lane

Stories-Residences-Year Built1967Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 412 Sara Chip Lane

Summary
Location and General Information
  • City: Leland
  • State Or Province: NC
  • Postal Code: 28451
  • County Or Parish: Brunswick
  • Directions: Turn off of Village Rd. Property is situated on the corner of Oakland Ave and Sara Chip Lane
  • Latitude: 34.24
  • Longitude: -78.01
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Building Ext Features: Location Type: Mainland
  • Legal and Taxes: Zoning Details: T40
Taxes and HOA
  • Tax Other Assessment Amount Frequency: n/a
  • Association Fee: $.00
  • Tax Legal Description: L-P-7 E A GAINEY PLAT 2/221
  • Tax Book Number: 0
  • Tax Map Number: 038AC008
  • Tax Year: 2024
  • Tax Assessed Value: $105,360.00
  • Parcel Number: 310705095642
  • Tax Block: 0
  • Association: No
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 4554
  • Legal and Taxes: Deed Page: 709.0
  • Legal and Taxes: Legal: L-P-7 E A GAINEY PLAT 2/221
  • Legal and Taxes: PID: 038AC008
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $105,360.00
  • Legal and Taxes: Tax Year: 2024
Parking
  • Garage: N/A
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Dimensions: 100 x 120
  • Building Area Total: 637.0
  • Lot Size Square Feet: 11761.0
  • Building Ext Features: Lot Dimensions: 100 x 120
  • Building Ext Features: Lot Acres: 0.27
  • Building Ext Features: Lot Sq Ft: 11761.0
Property and Assessments
  • Current Use: Residential, Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Legal and Taxes: Special Assessments: n/a
  • Current Use: Residential: Yes
Interior and Exterior Features
Exterior Features
  • Fuel Tank: None: Yes
Interior Features
  • Heating: Electric
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
  • Heating: Yes
  • Heating System: Electric: Yes
Multi Family
Unit 1
  • Occupied: True

Property History for 412 Sara Chip Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 412 Sara Chip Lane

Taxable ValueLand$60,000Additions$45,360Total$105,360
Home Facts
Beds2Baths1Total Finished SqFt620 SqFtAbove Grade Finished SqFt620 SqFtStories1StyleSingle Family ResidenceYear Built1954Year Renovated1967CountyBRUNSWICKAPN038AC008

Schools near 412 Sara Chip Lane

This home is within Brunswick County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Belville Elementary
PublicPK to 5

Leland Middle
Public6 to 8

North Brunswick High
Public9 to 12

Town Creek Middle
Public5 to 8

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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412 Sara Chip Lane is a multi-family home for sale in Leland, NC 28451. This property was listed for sale on November 1, 2024 by Shoreline Properties, it's currently listed at $1,100,000. It has been on the market for a total of 24 days and was last sold on October 23, 2006. This listing's school district is Brunswick County School District. Nearby schools include Belville Elementary, Leland Middle and North Brunswick High. 412 Sara Chip Lane is a 0-bed, 0-bath, 637 sqft multi-family home built in 1967.

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 Shoreline Properties

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 11/09/2024 09:34 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS