288 Crabapple Lane

Erwin NC 28339

1089000 sq. ft.

Land

Currently for sale - view listing

Overview

***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.

Features

1089000 sq. ft. lot size

Land

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