706 Maple Avenue

Burlington, NC 27215

$399,000
Price
8
Beds
3,362 Sq. Ft.
$119 / Sq. Ft.
3,362
Sq. Ft.
$119
per Sq. Ft.

Description

AMAZING opportunity to own a 4-plex in the heart of Burlington. Just 1.1 miles from I-40 and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently 3 occupied, instant cashflow potential. All units recently renovated in past 8 years. All units have their own water & electric meters. Live in the vacant unit and have your renters make your mortgage payment. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features...AMAZING opportunity to own a 4-plex in the heart of Burlington. Just 1.1 miles from I-40 and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently 3 occupied, instant cashflow potential. All units recently renovated in past 8 years. All units have their own water & electric meters. Live in the vacant unit and have your renters make your mortgage payment. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features about this property. Don't miss this great opportunity for passive income & book your showing today!
  1. Listed by Peter Greijn • Referral Realty US LLC • peter@referralrealtygrp.com

Property Details for 706 Maple Avenue

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 03/13/2025 09:32 AM

Property Details for 706 Maple Avenue

StatusActive
MLS #10057961
Days on Market138
Taxes$417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1901
Lot Size0.21 AC / 9,147 SF
CountyAlamance County

Building Information for 706 Maple Avenue

Stories2Residences4Year Built1901Building Size-Lot Size0.21 AC / 9,147 SF

Property Information for 706 Maple Avenue

Summary
Location and General Information
  • Directions: Start on E Webb Ave & head South. Turn Right on S Mebane St. Left on Maple Ave & Quad will be on your Left!
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.086259
  • Longitude: -79.431965
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $416.54
  • City Limits Of: Burlington
  • City Limits YN: Yes
  • Lot Number: 48
  • Restrictive Covenants YN: Yes
  • School District Link: https://www.abss.k12.nc.us/
Contract Information
  • Lease Expiration Date: 2024-10-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Due Diligence Expiration Date: 2025-01-17
School Information
  • Elementary School: Alamance - Harvey R Newlin
  • Middle Or Junior School: Alamance - Graham
  • High School: Alamance - Graham
Parking
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel, Parking Lot
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3362.0
  • Lot Features: Partially Cleared
  • Lot Size Dimensions: 59 x 155
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 136394
  • Structure Type: Multi Family, Quadruplex, Site Built
Property and Assessments
  • New Construction: No
  • Photos Count: 22
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Multi Family, Quadruplex, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Fireplace Y N: No
  • Flooring: Laminate, Painted/Stained, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Range, Refrigerator, Washer/Dryer
  • Laundry Features: In Unit
  • Equipment Appliances: Range, Refrigerator, Washer/Dryer
  • Interior: Driveway, Gravel, Parking Lot, Vinyl Siding, In Unit
  • Equipment: Range, Refrigerator, Washer/Dryer, In Unit, Driveway, Gravel, Parking Lot
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Living Area: 775.0
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type Total Rent: 810.0
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Living Area: 775.0
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type Total Rent: 795.0
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Living Area: 775.0
  • Unit Three: Living Room: true
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
  • Unit Three: Unit Type: 2 Bedroom
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Living Area: 775.0
  • Unit Four: Living Room: true
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true
  • Unit Four: Unit Type Total Rent: 750.0
  • Unit Four: Unit Type: 2 Bedroom
  • Unit Four: WasherDryer Hookups: true

Property History for 706 Maple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 706 Maple Avenue

Taxable ValueLand$13,074Additions$30,653Total$43,727
Tax Record2024$205 ($17 / month)
Home Facts
Total Finished SqFt3,362 SqFtAbove Grade Finished SqFt3,362 SqFtStories1Lot Size9,017 SqFtStyleMulti-Family Res (5+ Units)Year Built1901ZoningMF ACountyALAMANCEAPN136394

Schools near 706 Maple Avenue

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
Harvey R Newlin Elementary
PublicPK to 5

Graham Middle
Public6 to 8

Graham 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.

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706 Maple Avenue is a multi-family home for sale in Burlington, NC 27215. This property was listed for sale on October 11, 2024 by Referral Realty US LLC, it's currently listed at $399,000. It has been on the market for a total of 138 days and was last sold on January 6, 2016. This listing's school district is Alamance-Burlington School District. Nearby schools include Harvey R Newlin Elementary, Graham Middle and Graham High. 706 Maple Avenue is a 8-bed, 4-bath, 3,362 sqft multi-family home built in 1901.

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 Referral Realty US LLC

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