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Auction Information
Auctioneer IRON HORSE AUCTION COMPANY 910-997-2248
Auction Date Oct 19 Auction
Location
220 N. Cobb Rd
Burlington, NC
Time 05:00PM
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
Auction Listing
AuctionZip Auctioneer ID# 8405

ONLINE ONLY W/ BID CENTER
October 12th at 8am - October 19th at 5pm

BID CENTER ADDRESS
318 N. Cobb Road
Burlington, NC


INSPECTIONS
October 12th from 10 am until 12 pm
October 19th from 11 am until 1 pm
or Call Chris Crawford for Appointment - 919-935-1974


PROJECT MANAGER 
Chris Crawford
919-935-1974



PROPERTY DESCRIPTION
Four Duplex Buildings located on N. Cobb Rd, Burlington, NC
Eight total units, currently generating income of $2700.00 monthly.
Two units are completely renovated with new carpets, toilets, paint, light fixtures and fans, hot water heaters, electrical outlets, smoke detectors, vinyl double hung windows, and a new roof.
Three buildings have roofs replaced in 2007.
All 8 units have Burlington Water & Sewer, and Natural Gas.
All 8 units have Apollo Systems for HVAC.



Auction Lot 1 - 220 & 222 N. Cobb Rd, Burlington, NC
• 2 BR / 1 BA Layout in each unit
• Both Units Currently Rented @ $450 / Month
• Units metered separately, Tenants pay all utilities
• W/D Hookups in units, refrigerators and stoves convey with real estate
• (Alamance County Tax Records refer to this property as 220 Hilton)
Duplex House and .232 AC Lot Located at 220 Hilton Rd, Burlington NC
• PIN 8875854353, Parcel ID 139470, Deed Book 1399 Page 328
• Built 1947, Tax Appraisal $69,654

• Lot currently Occupied by Tenant
• Please Do Not Disturb or Speak with Tenants
 

Auction Lot 2 - 302 & 304 N. Cobb Rd, Burlington, NC
• 2 BR / 1 BA Layout in each unit
• Both Units Currently Rented @ $450 / Month
• Units metered separately, Tenants pay all utilities
• W/D Hookups in units, refrigerators and stoves convey with real estate
• Duplex House and .283 AC Lot Located at 302 & 304 Cobb Rd, Burlington NC
• PIN 8875854447 , Parcel ID 139471, Deed Book 1399 Page 328
• Built 1946, Tax Appraisal $70,915

• Lot currently Occupied by Tenant
• Please Do Not Disturb or Speak with Tenants



Auction Lot 3 - 306 & 308 N. Cobb Rd, Burlington, NC
• 2 BR / 1 BA Layout in each unit
• Both Units Currently Rented @ $450 / Month
• Units metered separately, Tenants pay all utilities
• W/D Hookups in units, refrigerators and stoves convey with real estate
• Duplex House and .258 AC Lot Located at 306 & 308 N Cobb Rd, Burlington, NC
• PIN 8875854546 , Parcel ID 139472, Deed Book 1399 Page 328
• Built 1942, Tax Appraisal $74,555

• Lot currently Occupied by Tenant
• Please Do Not Disturb or Speak with Tenants



Auction Lot 4 - 316 & 318 N. Cobb Rd, Burlington, NC
• 3 BR / 1 BA Layout in each unit
• Vacant and Remodeled
• Market rent for each unit $550+ per month
• Units metered separately
• W/D Hookups in units, no refrigerators or stoves included in these units
• Duplex House and .288 AC Lot Located at 316 & 318 N. Cobb Rd, Burlington, NC
• PIN 8875854745, Parcel ID 139474, Deed Book 1399 Page 328
• This building has had complete renovation and restoration. New carpet, paint, light fixtures, ceiling fans, flooring, electrical outlets, vinyl windows, vinyl siding, water heaters and new roof have been installed.
• Built 1947, Tax Appraisal $75,005






Auctioneer License Information: NC 3936

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