About This Home

This 0-bedroom, 0-bathroom residential multi family at 1103 N Elm Street in Lumberton, NC is listed for $1,250,000. on a N/A lot.

Listing Description

***Seller is NOT entertaining "Subject To" financing offers.*** This is a fantastic turn-key investment opportunity. Four single-family properties total, fully furnished. Furnished units are used as short-term and long-term rentals. Net Operating Income of $143,000 per year.

Properties are shown by appointment only, with 72 hours' notice to bona fide, well-qualified candidates. Many updates and recent improvements including 1103 N Elm: -New duct works under home -New disposal in kitchen -New paint in several rooms -New HVAC in the cottage -New drain lines for the cottage -Extensive landscaping and driveway improvements

; 307 W 18th St: -Complete remodel of a main suite -addition of Complete bath and walk-in closet -New floors throughout -New paint and wallpaper throughout -New drive-through and parking lot in back of house -New siding -paint on the back of the home.

-Upgrades to all bathrooms; 840 Jane Street: -New landscaping in front of the house. Seller provided the Annual Property Operating Data sheet available. FOUR PROPERTIES ARE BEING SOLD TOGETHER: All addresses are Lumberton, NC 28358...1103 N Elm St, 3702-2 Cliffridge Dr, 840 Jane St, 307 W 18th St. Full photos avalable

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

1103 N Elm Street

Lumberton, NC 28358

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1103 N Elm Street is listed at $1,250,000. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by DAVID ZEITZ.

DZ

DAVID ZEITZ

License 200804

Agent at COLDWELL BANKER PREMIER TEAM REALTY

Listed by COLDWELL BANKER PREMIER TEAM REALTY · Broker phone: 9107383441 · View on Broker Site

MLS# 753726· Source: Longleaf Pine Realtors· 342 days on PropertySimple

Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1103 N Elm Street, Lumberton, NC 28358

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