$625,000
For Sale

288 Crab Apple Lane

Erwin, NC 28339
Browse 41 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

***25+/- ACRES OF BUILDABLE LAND FOR SALE*** Ideal Location for COMMERCIAL Develpment! Affordable Land just Outside of Erwin's City Limits. Zone RD (Erwin). County water is nearby, but well & septic are needed at this time. Combined Acreage is from 2 Parcels that total 26.47 Acers. Both Parcels must be sold together. The Triplex Apartment Building and 1-1.47 acres are NOT included and will be subdivided by seller. OPTION: If the Triplex and extra acreage is desired, the seller will sell for an additional $300,000. The total sale would then be $925,000. The 15.34 ac parcel with the Triplex is in mostly a 500-year Flood Plain. The second adjoining parcel with 11.13 ac is mostly in a 100-year Flood Plain. The Triplex has three 1BR/1BA apartments that each rent for $700/month. $2,100 total monthly income. Great location just off US Hwy 421, near Campbell University, halfway between Raleigh & Fayetteville/Ft Liberty.

  • Property Details
      • Lot FeaturesFew Trees, Flood Plains, Gentle Sloping, Level, Secluded, See Remarks
      • Lot DescriptionFew Trees, Flood Plains, Gentle Sloping, Level, Secluded, See Remarks
      • Utility FeaturesElectricity Available, Phone Available, Septic Available
      • ViewCreek/Stream, Rural, Trees/Woods
      • Sewer InformationPrivate Sewer, Septic Needed
      • Middle SchoolHarnett - Coats - Erwin
      • Utility SourceSee Remarks, Need Well
      • SubdivisionNot in a Subdivision
      • High SchoolHarnett - Triton
      • Elementary SchoolHarnett - Erwin
      • Property SubtypeUnimproved Land
      • Property TypePurchase
      • MLS #10029856
      • MLS #10029856
      • CountyHarnett
      • Taxes Annual$1,689
      • Cost625000
      • Acres25
      • ZoningRD

Location

Noreen BarrettReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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