520-524 Keen Street, Rocky Mount, NC 27804

Local realty services provided by:CENTURY 21 New Beginnings
520-524 Keen Street,Rocky Mount, NC 27804
$785,000
  • 10 Beds
  • 10 Baths
  • 7,355 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin david riegel, ben braddock
Office: braddock realty
MLS#:10149655
Source:RD

Price summary

  • Price:$785,000
  • Price per sq. ft.:$106.73

About this home

This high-yield portfolio features two buildings totaling 10 units, all configured as 2-bedroom, 1-bathroom layouts. Offering a blend of immediate cash flow and significant upside, this property is currently 90% occupied with the vacant unit in rent-ready condition. Strong existing return with a cap rate of 10.51% and a clear path to stabilization with a projected cap rate of 12.87% Tenants pay their own utilities. 524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.

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Home facts

  • Year built:1978
  • Listing ID #:10149655
  • Added:1 day(s) ago
  • Updated:March 03, 2026 at 02:58 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:Vinyl
  • Living area:7,355 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:7,355 sq. ft.
  • Lot area:0.71 Acres
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$785,000
  • Price per sq. ft.:$106.73
  • Tax amount:$4,795
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