1116 Phillips Street, Clinton, NC 28328 (MLS# 100470116)
1116 Phillips Street, Clinton, NC 28328
$400,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
550
Lot Size (sq. ft.):
124,146
Status:
Active
Current Price:
$400,000
List Date:
10/09/2024
Last Modified:
6/12/2025
Description
Four (4) Parcels with 2.85 +- Acres of Land with 14 Single Family Houses. Range of 500 - 600 +- sq. ft. in each house built in 1950 +- and used as rental property. Each house has 2 bedrooms and 1 bath LR and Kitchen Combo. All measurements are approximate. Each may vary some. Houses are in fair to poor condition. Some have Central HVAC some don't. Some need to be remodeled / rebuilt. 5 houses are currently rented for $400. per month.
Lots of upside potential with this property for someone looking to invest in residential rental property who does not mind doing some reconstruction / remodeling. ALSO, these parcels have a great potential for total redevelopment for possibly a new construction development for rental property. Call for more information and or a showing of the property. Parcel No. 15114742701, 15114742703, 15114742702, 15114742704. Addresses are 1116,1118,1120,1122,1124,1126,1128,1130,1134,1136,1129,1131,1135,1137 Phillips Street. This property also has room to possibly build more houses if desired. Property and houses are being sold in ''AS IS'' physical condition.
Also, Once a new buyer purchases all of the property they they may be able to subdivide each lot off. Talk with the Planning and Zoning office to understand what can be done with this property.
More Information MLS# 100470116
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-10-08
Listing Price: 400000
Current Price: $400,000
List Price/SqFt: 727.27
Stipulation of Sale: Standard
Location Information
Street #: 1116
Street Name: Phillips
Street Suffix: Street
County: Sampson
State/Province: NC
Zip Code: 28328
City Limits: Yes
Marketing City: Clinton
Subdivision: Other
Secondary Subdivision: N/A
Geo Lat: 34.986506
Geo Lon: -78.316346
Remarks and Showing
Directions to Property: From Clinton Take Lisbon Street to Martin Luther King Blvd and turn right beside the Big Blue Store and then left onto Phillips Street. Property is on both sides of Phillips Street.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 2.85
Lot SqFt: 124146
Lot Dimensions: See Survey Map and GIS Maps
Waterfront: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 550
Total SqFt - Heated (Primary + Separate): 550
# Rooms: 4
# Baths - Full: 1
# Baths - Total: 1
# Bedrooms: 2
Master Bedroom Level: Primary Living Area
Stories: 1
Legal Taxes
Year Built: 1950
Current Service Providers
Electric Provider: Duke Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: City/Town
Water Provider: City/Town
Property Features
Construction: Block; Wood Frame
Exterior Finish: Block
Fencing: None
Foundation: Block; Crawl Space
Parking Features: On Site
Patio and Porch Features: None
Roof: Shingle
Cooling: Central Air; None
Heating: Forced Air; None
Heating System Fuel Source: None
Water Heater: Natural Gas
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Fireplace: None
Flooring: Vinyl
Interior Features: None
Laundry Features: Hookup - Washer
Heated SqFt: 400 - 599
Dining Room Type: Combination; Kitchen
Terms: Cash
Listing Office: Carr Real Estate Company
Last Updated: June - 12 - 2025
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