288 Crab Apple Lane

Erwin, NC 28339

288 Crab Apple Lane

Erwin, NC 28339
Active ID# 10029856

***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.

$625,000 bedrooms full bathrooms 25 acres

Additional Property Information

  • TypeUnimproved Land
  • Built
  • NeighborhoodNot in a Subdivision
  • CountyHarnett
  • AreaErwin
  • Elementary SchoolHarnett - Erwin
  • Middle SchoolHarnett - Coats - Erwin
  • High SchoolHarnett - Triton
More Info on School Ratings

Property location

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  • Lot Size Acres 25
  • Lot Features See Remarks, Flood Plains, Secluded, Level, Few Trees, Gentle Sloping
  • Tax Annual Amount 1689
  • Water Source See Remarks, Need Well