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409 S Anthony St, Burlington, NC, 27215

2beds
1baths
1,121sqft
$135,000
$120price/sqft
$1,008/moest. monthly cost
$40,320/yrincome needed

About This Home

Investor Opportunity - Turnkey Rental with Tenant in Place Stabilized investment property located at 409 S. Anthony St, Burlington, NC. This well-maintained 2-bedroom, 1-bath home has 1,084sqft, and is tenant occupied with a one-year lease in place, providing immediate, stable rental income at market rent, tenant covers all utilities, and would like to remain in the home. The property was refreshed approximately five months ago with new flooring, interior paint, plumbing improvements, a new water heater, and general updates, making it a solid addition to any investment portfolio. Additional features include a fenced backyard, dedicated laundry room, and off-street gravel parking. Conveniently located just minutes from the interstate with easy access to shopping, din ing, and employment centers. Central HVAC is currently not operational; the home is equipped with hot and cold window units.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

2/10
1/10
Graham MiddleGrades 6-82.2 mi
3/10
Graham HighGrades 9-122.6 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bathtub/Shower Combination,Ceiling Fan(s),Eat-in Kitchen,High Ceilings,Laminate Counters
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,121

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,121
  • Total interior livable area: 1,121 sqft

Property

Details

  • Parcel number: 133071
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Balcony
  • Has view: Yes

Lot

  • Lot size: 8,276 sqft
  • Lot size dimensions: 60 x 136

Parking

  • Total spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Heat Wave
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Alamance County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $682$8,184
Home Insurance *$52$624
Property Taxes $74$888
Electricity $200$2,405
Total$1,008$12,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,560/yr
40% on housing$30,240/yr
45% on housing$26,880/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 27215$150
Alamance County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 27215$169
Alamance County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Pending sale$135,000
2026-07-03Listed for sale$135,000
2025-10-12Listing removed--
2025-08-05Listed for sale$142,000
2021-09-14Sold$75,000
2021-08-01Pending sale$79,997
2021-05-21Price change$79,997
2021-05-08Listed for sale$89,997
2021-04-30Pending sale$89,997
2021-04-16Listed for sale$89,997
2017-04-17Sold$35,000

For Sale by Agent

AgentCraig Tribus
BrokerageBEYCOME BROKERAGE REALTY LLC

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