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1250 Elrado St #A, Burlington, NC, 27217

3beds
2baths
924sqft
$175,000
$189price/sqft
$1,253/moest. monthly cost
$50,120/yrincome needed

About This Home

Unique INVESTMENT OPPORTUNITY in EAST BURLINGTON! Sale includes THREE (3) LOTS and FIVE (5) MOBILE HOMES:1250A & 1250B Elrado St, 1249B Elrado St, 1255 Elrado St, & 725 New Jersey Avenue. Zoned RMH. Burlington ETJ with city water/sewer. TAXES: Ala Co ($0.494) & Faucette Fire ($0.09) = $0.584 total tax rate. Two properties rented month to month, three properties vacant. Properties need rehab/repair. Potential $4000 monthly income (at current pricing). ** See full property sales packet before submitting an offer **

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

3/10
7/10
Broadview MiddleGrades 6-81.6 mi
3/10
Hugh M Cummings HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 1984

Materials

  • Construction materials: Aluminum Siding,See Remarks

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Manufactured Home,Residential

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Dryer Connection,Washer Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Features

  • Ceiling Fan(s)
  • Flooring: Carpet,Vinyl
  • Finished area above ground: 924

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 924
  • Total interior livable area: 924 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 139838
  • Zoning: RMH
  • Special condition: Owner Sale

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 0.22 Acres
  • Features: City Lot

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Ice Storm
Lightning
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 $884$10,608
Home Insurance *$73$876
Property Taxes $96$1,152
Electricity $200$2,405
Total$1,253$15,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,960/yr
40% on housing$37,590/yr
45% on housing$33,413/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

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 27217$118
Alamance County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 27217$187
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)

Price History

DateEventPrice
2026-07-28Listed for sale$175,000

For Sale by Agent

AgentSandra Ellington-Graves
BrokerageHoward Hanna Allen Tate - Burlington

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