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514-520 Suburb Street, 12 Rocky Mount, NC 27801

12 Rocky Mount
Local realty services provided by:CENTURY 21 New Beginnings
514-520 Suburb Street,Rocky Mount, NC 27801
$298,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: benjamin david riegel, ben braddock
Office: braddock realty
MLS#:10156293
Source:RD

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Price summary

  • Price:$298,000

About this home

Two single-story side-by-side duplexes (4 units total) located at 514-520 Suburb St. All 2bed/1bath units Built in 1985 and 100% occupied, total of 2,820 square feet Slab on grade foundation Brick exterior Metal roof on 518/520 Suburb Street Asphalt shingle roof on 514/516 Suburb Street Current Cap Rate: 11.37% Projected Cap Rate: 12.18% (with modest rent increase to $800/unit market rent) Current NOI: $33,891 NOI at Market Rent: $36,291 All tenants are on month-to-month leases at $750/mo All units are individually metered and tenants pay water and electricity directly to providers; trash is included on tenants' water bill.

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Home facts

  • Year built:1985
  • Listing ID #:10156293
  • Added:54 day(s) ago
  • Updated:May 21, 2026 at 07:11 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Metal
  • Year built:1985
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$298,000
  • Tax amount:$1,225

Parking

  • Parking description:Gravel
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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