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1601 Snowden Drive SE, Wilson, NC 27893

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For Sale

$2,800,000

62 beds • 30 baths • 24,915 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $112.38
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

1601 Snowden Drive Multi-Family Portfolio | Wilson, NC | 30 Units Offered for Sale | $2,800,000 Full Portfolio Flexible Purchase Options: Full Portfolio (30 Units): $2,800,000 Group 1 (10 Units): $975,000 Group 2 (20 Units): $1,875,000 Investment Highlights: Presenting an exceptional investment opportunity to acquire a 30-unit multi-family portfolio in the thriving city of Wilson, NC. This well-maintained portfolio consists of 15 duplex buildings (14 x 2-bed/1-bath units and 1 x 3-bed/1-bath unit), strategically located in a prime rental corridor with strong tenant demand. 25 of 30 units fully renovated within the past 5 years, featuring modern finishes and improved market appeal. Ample parking for residents and visitors. Gross monthly rent roll: $21,850 with projections of $25,000 to $28,000/month within 1-2 years. Stable occupancy with room for rent growth and operational efficiencies. Professional property management in place. Low operating expenses compared to market averages. Proximity to major employers, retail, and essential services. No seller financing. Cash or conventional financing buyers only. Market Overview: Wilson, NC is rapidly emerging as the manufacturing hub of Eastern North Carolina, attracting job growth, population influx, and rental demand. This portfolio is strategically positioned to capitalize on the area's economic expansion, providing investors with consistent cash flow and long-term value appreciation. Investor Appeal: Perfect for institutional investors, private equity groups, syndicators, and high-net-worth individuals
MLS# 10065122

Courtesy Of Real Broker LLC

(919) 348-2585

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Vinyl
  • Lot Size
    3.7 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 1601 Snowden Drive SE, Wilson, NC 27893

Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 720-4217
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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