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288 Crab Apple Lane, Erwin, NC 28339

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For Sale

$625,000

25 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 25 acres
    Lot size

Explore this Property

***25+/- ACRES OF BUILDABLE LAND FOR SALE*** Just Listed! 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.
MLS# 10029856

Courtesy Of Fathom Realty NC LLC

(888) 455-6040

Property Features

  • Architecture Style
    Other
  • Lot Size
    25 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 288 Crab Apple Lane, Erwin, NC 28339

Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 552-4517
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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