1716 Lynne Avenue, 12 Rocky Mount, NC 27801
Local realty services provided by:CENTURY 21 New Beginnings
1716 Lynne Avenue,Rocky Mount, NC 27801
$5,300,000
- 4 Beds
- 2 Baths
- 1,940 sq. ft.
- Multi-family
- Pending
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10144144
Source:RD
Price summary
- Price:$5,300,000
- Price per sq. ft.:$2,731.96
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
- Listing ID #:10144144
- Added:107 day(s) ago
- Updated:May 21, 2026 at 07:34 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- 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:$5,300,000
- Price per sq. ft.:$2,731.96
- Tax amount:$2,005
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