1716 Lynne AVE, Rocky Mount, NC 27801
1716 Lynne AVE, Rocky Mount, NC 27801
1716 Lynne AVE, Rocky Mount, NC 27801
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jerri-Anne Joyner

Jerri-Anne Joyner

+1(919) 810-1805
Listed by Deaton Investment Real Estate
$4,900,000
Est. payment /mo
4 Beds
2 Baths
1,940 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $2,525

Subdivision Meadowbrook

MLS Listing ID 10144144

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1978

Annual Tax Amount $2,005

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1940

Property Description

Selling as a package - The ''JLJB'' Rental Portfolio opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.

Location

State NC

County Edgecombe

Community Meadowbrook

Zoning R6

Interior

Heating See Remarks

Cooling Other

Flooring Varies, See Remarks

Fireplace No

Exterior

Parking Features See Remarks

Roof Type Shingle, Asphalt

Garage No

Building

Story One, Two

Foundation See Remarks

Water Public

New Construction No

Others

Tax ID 376948936500

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Read Less Info
Doorify MLS

Nearby Locations

GET MORE INFORMATION

Jerri-Anne Joyner

Jerri-Anne Joyner

+1(919) 810-1805

Broker In Charge | License ID: 324119

Broker In Charge License ID: 324119

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Carolina Heritage Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.