2004 Church Street
Rocky Mount, NC 27803Investor 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!
$189,000
8 bedrooms
4 full, 4 half bathrooms
0.3 acres
3,968 square feet
$48 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Brick Veneer, Vinyl Siding
- Lot Size Acres 0.3
- Parking Features Common
- Patio And Porch Features Covered, Rear Porch
- Structure Type Quadruplex, Multi Family
- Above Grade Finished Area 3,968
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Combination
- Heating Central
- Heating Y/N Yes
- Tax Annual Amount 672
- Water Source Public
- Year Built 1972
Additional Property Information
- TypeQuadruplex
- Built1972
- NeighborhoodNot in a Subdivision
- CountyNash
- AreaRocky Mount
- Elementary SchoolNash - Williford
- Middle SchoolNash - Rocky Mount
- High SchoolNash - Rocky Mount
Listing courtesy of Providence Realty Group LLC. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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