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Kotohomes partnered with:
The Fayetteville Observer
For Sale For Rent
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bedrooms
bedrooms
62
bathrooms
bathrooms
30
square feet
square feet
24,915
acreage
Acreage
3.7
open houses
Open Houses
-
year built
year built
1981
full baths
Full Baths
30
half baths
Half Baths
0
Investment Opportunity: Exceptional investment opportunity to own a 30-unit Multi-family Portfolio in Wilson, NC, in a prime location. This well-maintained portfolio comprises 15 duplex buildings (14-2Beds/1bath, and 1-3Beds/1bath). Twenty-five (25) units were completely renovated in the last 5 years, ensuring modern features and improved tenant appeal. These properties provide sufficient parking for residents and visitors. Gross Rent Roll is currently $21,850/month but projected to be between $25,000 and $28,000 in 1 to 2 years. Operating Expenses are comparatively low, with a Property Management Company in place. This portfolio provides stable occupancy and strong upside through modest rent increases and management efficiencies. Located in growing Wilson, NC, as the manufacturing hub of Eastern North Carolina, the properties benefit from strong rental demand, proximity to major employers, and access to local amenities, ensuring consistent occupancy and long-term investment security. This is a turnkey investment and ideal for experienced investors or first-time buyers seeking immediate cash flow with room for growth. All photos of the buildings prior to being leased or sold were taken by the listing agent a couple of years ago.
Location
Subdivision Springfield
County Wilson
Elementary School Wilson - B O Barnes
Middle School Wilson - Charles H Darden
High School Wilson - Beddingfield
open houses Open houses
None scheduled.
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MLS number: 10065122
Listing agent: Duke Cox
Listing broker: Real Broker Llc (678) 634-2169
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Monday, December 2 2024 at 10:50 p.m. EST
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