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1103 N Elm Street, 
Lumberton, NC 28358

$1,500,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

David Zeitz

910-738-3441

Last updated:

January 18, 2026, 04:16 PM

MLS#

753726

Source:

NC FRAR

About This Home

1103 N Elm Street

***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 $151,000 per year offers investors a CAP rate of 10%. 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 at: https://tinyurl.com/28358dz

Home Facts

Multi-Family

Price Summary

1,500,000

MLS #:

753726

Last Updated:

January 18, 2026, 04:16 PM

Added:

2 month(s) ago


Finances & Disclosures

Finances

Price:

$1,500,000

1103 N Elm Street
Source:NC FRAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.