1116 Phillips Street, Clinton, NC 28328 – MLS# 100470116
Courtesy of Ed Carr, Carr Real Estate Company
Description
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.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Public (City/Cty/St)
Appliances & Equipment
- None
Bathrooms
- 1 total bathroom
- 1 full bathroom
Bedrooms
- 2 bedrooms
Building
- Heated SqFt Range: 400 – 599
- 550 heated sqft
- Built in 1950
- 1 story
- 4 rooms
- Construction: Block,Wood Frame
- Porch/Balcony/Deck: None
- Stories/Levels: One
Cooling
- Central Air
- None
Dining Room
- Dining Room Type: Combination,Kitchen
Exterior Features
- Exterior Finish: Block
Fence
- None
Fireplaces
- None
Floors
- Vinyl
Foundation
- Block
- Crawl Space
Water Features
- Natural Gas
Heating
- Forced Air
- None
Interior Features
- None
Laundry
- Laundry Location: Hookup – Washer
Listing
- Listed on 2024-10-08
- Construction Type: Stick Built
- List Price/SqFt: $727
- Terms: Cash
Location
- County: Sampson
- Zip Code: 28328
- Latitude: 34.986506
- Longitude: -78.316346
- Subdivision: Other
- City Limits: Yes
Lot
- 124,146 sqft lot
- Lot Dimensions: See Survey Map and GIS Maps
- 2.85 acres
Parking
- On Site
Possession
- At Closing
Property
- Zoning: R6
Roof
- Shingle
Taxes
- Tax Assessed Value: $366,262
- Property Taxes: $3,956
- City Tax Rate: 833
- Tax Year: 2024
Utilities
- Sewer Available
- Water Available
- Electric Provider: Duke Energy
- Sewer Provider: City/Town
- Water Provider: City/Town