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1716 Lynne Avenue, 12 Rocky Mount, NC 27801

12 Rocky Mount
Local realty services provided by:CENTURY 21 New Beginnings
1716 Lynne Avenue,Rocky Mount, NC 27801
$4,200,000
  • 4 Beds
  • 2 Baths
  • 1,940 sq. ft.
  • Multi-family
  • Active
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10144144
Source:RD

Price summary

  • Price:$4,200,000
  • Price per sq. ft.:$2,164.95

About this home

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.

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Home facts

  • Year built:1978
  • Subdivision & Development:Meadowbrook
  • Listing ID #:10144144
  • Added:261 day(s) ago
  • Updated:October 22, 2026 at 03:11 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Varies
  • Living area:1,940 sq. ft.

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1978
  • Building area:1,940 sq. ft.
  • Construction Materials:Brick Veneer
  • Levels:One, Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,200,000
  • Price per sq. ft.:$2,164.95
  • Tax amount:$2,006
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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