USANCRocky MountNot in a Subdivision2004 S Church St
quadruplex_before_after | Image 1
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$189,000

2004 S Church St, Rocky Mount, NC

Real Estate

For Sale

$--,---,---
880
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3968 sqft
Garage No
Taxes $672
Days Active 0
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $47
MLS® Number 10124494

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special! Quadruplex in Rocky Mount Calling all investors - incredible opportunity with huge upside! This four-unit property offers a total of 3, 968 sq ft across four spacious 2 bedroom, 1.5 bath units (each 992 sq ft). Property needs a full rehab and will not qualify for conventional financing - cash or hard money only. The heavy lifting has already been done: both a professional appraisal and renovation estimate are in hand, and the seller is willing to complete the rehab turn-key for approximately $150, 000 (depending on finishes). Appraised Value (Sales Comparison): $312, 000 Appraised Value (Income Approach): $339, 000 Section 8 Approved Rent: $1, 130 per unit Projected Rental Income: $4, 528/month With four income-producing units, Section 8 rent approval, and the potential to deliver turn-key, this property is a true diamond in the rough. Don't miss your chance to secure a cash-flowing asset in Nash County!Show Description
MLS® Number10124494
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageNo
Approx. Age1972
Basement
DrivewayCommon
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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