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Investment Highlights

  • 2026 HVAC
  • 4 minute drive to Elon
  • French doors in dining leading to spacious back deck
  • Corner lot
  • LVP flooring
  • Fresh paint throughout

Executive Summary

Prime investment opportunity with strong rental potential—ideal for Elon University students. Charming 3BR/2BA ranch on a corner lot less than a mile from campus, with easy highway access. Features include a covered front porch, French doors to a spacious back deck, fresh paint, luxury vinyl plank flooring, paved driveway, and new HVAC (2026). Also located in the desirable Western Alamance school district.

Property Facts

Price $255,000
Price Per Unit $255,000
Sale Type Investment
No. Units 1
Property Type Multifamily
Apartment Style Single-Family Home
Building Size 1,129 SF
Average Occupancy 0%
No. Stories 1
Year Built 2005
Zoning RES

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - -
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
108978
Land Assessment
$30,000
Improvements Assessment
$206,503
Total Assessment
$236,503
  • Listing ID: 40419211

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 701 Bob Baxter Dr, Elon, NC 27244

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