About 406-408 Burkemont Avenue
Excellent investment opportunity to own two, fully-occupied 4-unit apartment buildings (8 units total) with exceptional rental income. All apartments are two bedrooms and 1 bathroom. The building has two apartments upstairs and two downstairs with a central hallway and back deck. Downtown Morganton location with excellent long term tenants and 100% occupancy. Investors can enjoy immediate returns from day one while strategically improving the properties for higher rents and long-term growth. Located within walking distance to Case Farms, Wal-Mart, North Carolina School of Science and Math-Morganton, and NC School for the Deaf. Close to Interstate 40 and Downtown Morganton.
Features of 406-408 Burkemont Avenue
| MLS® # | 4294212 |
|---|---|
| Price | $1,333,000 |
| Acres | 0.90 |
| Year Built | 1961 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 406-408 Burkemont Avenue |
|---|---|
| Subdivision | None |
| City | Morganton |
| County | Burke |
| State | NC |
| Zip Code | 28655 |
Amenities
| Garages | Detached Carport, Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Range, Refrigerator |
|---|---|
| Heating | Heat Pump, Other - See Remarks |
| Cooling | Central Air, Other - See Remarks |
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Brick Full |
|---|
School Information
| Elementary | Forest Hill |
|---|---|
| Middle | Walter Johnson |
| High | Freedom |
Additional Information
| Date Listed | August 22nd, 2025 |
|---|---|
| Days on Market | 42 |
| Zoning | MID |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | RE/MAX Southern Lifestyles |
|---|