Estimated payment $3,630/month
Highlights
- Horses Allowed On Property
- 25 Acre Lot
- Partially Wooded Lot
- View of Trees or Woods
- Secluded Lot
- No HOA
About This Lot
***25+/- ACRES OF BUILDABLE LAND FOR SALE*** Ideal Location for RESIDENTIAL (SFH or Multi-Family) or 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
Property Type
- Land
Est. Annual Taxes
- $1,689
Lot Details
- 25 Acre Lot
- Dirt Road
- Brush Vegetation
- Natural State Vegetation
- Secluded Lot
- Level Lot
- Cleared Lot
- Partially Wooded Lot
- Few Trees
- Property is zoned RD
Property Views
- Woods
- Creek or Stream
- Rural
Schools
- Erwin Elementary School
- Coats - Erwin Middle School
- Triton High School
Utilities
- Well Required
- Septic Needed
- Private Sewer
- Phone Available
Additional Features
- In Flood Plain
- Horses Allowed On Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0597-25-8811; 0597-26-0222
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | For Sale | $625,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10029856
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