Description
Fantastic investment opportunity in a highly desirable location. This 3-bedroom, 3-bath condo is located just about one mile from Elon University, making it an attractive option for students, faculty, and staff. The property is also located on an Elon shuttle route, providing easy access to campus and everyday conveniences. Designed with privacy in mind, each bedroom has its own private bathroom, while the shared living areas create a comfortable space for roommates. The strong demand for housing near the university makes this property an excellent choice for investors looking for steady rental income. Similar units in the community have been marketed as turnkey investment properties and have shown consistent appeal to renters because of their close proximity to campus. Whether you're looking to expand your investment portfolio or purchase a property in a growing college-town market, this condo offers a combination of location, convenience, and long-term rental potential.
Details
| MLS # | 10175841 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $280 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 129 |
| Listing Provided By | Keller Williams Legacy | Chris Barr |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,530 |
| Story(s) | 1 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Laundry Features | In Unit |
| Rooms Total | 1 |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Slab |
| Community Features | Street Lights |
| Construction Materials | Unknown |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Common, Lighted, No Garage, Open, Outside, Unassigned |
Location
| Association Amenities | Landscaping, Maintenance Grounds, Parking, Picnic Area |
|---|---|
| Community Features | Street Lights |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 193441 |
|---|---|
| Tax Legal Description | PARTNERS PLACE ELON PHS 1 3-6-91 10444 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Alamance |
| City | Elon |
| Zip Code | 27244 |
| Area | Alamance |
| Community Name | Partners Place |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Elon Eleme |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Partners Place) | |
Price: $199,000 low | high Med: $252,450 sqft: 1,530 low | high Med: 1,480 $ / sqft: $130 low | high Med: $172 On site: 129 low | high Med: 161 | |
Market Activity 27244
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Learn More About This Property
| State | NC |
|---|---|
| County | Alamance |
| City | Elon |
| Zip Code | 27244 |
| Area | Alamance |
| Community Name | Partners Place |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Elon Eleme |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Partners Place) | |
Price: $199,000 low | high Med: $252,450 sqft: 1,530 low | high Med: 1,480 $ / sqft: $130 low | high Med: $172 On site: 129 low | high Med: 161 | |
