1116 Phillips Street, Clinton, NC 28328 – MLS# 100470116

Property Map

$400,000 – 1116 Phillips Street, Clinton, NC 28328

Street View

$400,000
2 Beds
1 Bath
550 SqFt
2.85 Acre Lot
124,146 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1950
Neighborhood Other
Days on Website 249

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

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