Rocky Mount, NC 27801,501 Magnolia DR
Rocky Mount, NC 27801,501 Magnolia DR
Rocky Mount, NC 27801,501 Magnolia DR
Rocky Mount, NC 27801,501 Magnolia DR
Rocky Mount, NC 27801,501 Magnolia DR
Rocky Mount, NC 27801,501 Magnolia DR
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$ 160,000
Est. payment | /mo

4 Beds

4 Baths

2,112 SqFt


Save
$ 160,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,112 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $75

Subdivision Not In Subdivision

MLS Listing ID 100510702

Style Wood Frame

Bedrooms 4

Year Built 1978

Annual Tax Amount $1,071

Lot Size 0.321 Acres

Acres 0.32

Lot Dimensions 140 x 100

Property Sub-Type Quadruplex

Source Hive MLS

Property Description

Don't miss this chance to own a quadplex in the heart of Rocky Mount! This well-maintained multi-family property features four one bedroom, one bathroom units, offering a solid foundation for immediate rental income and long-term growth. Three of the units are currently occupied by long-term tenants who would like to remain, providing stable and reliable cash flow from day one. One unit is vacant giving new owners the flexibility to rent at current market rates or even occupy themselves. This is a rare opportunity to purchase multiple doors at once in a growing rental market.

Location

State NC

County Edgecombe

Community Not In Subdivision

Zoning R6

Direction Follow US-64 E to US-301 BUS/N Church St in Rocky Mount. Take exit 469 from US-64 E. Follow US-301 BUS/N Church St and E Grand Ave to Magnolia Dr.

Rooms

Basement None

Interior

Interior Features None

Heating Baseboard, Electric

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Exterior

Parking Features Off Street

Roof Type Architectural Shingle

Porch Porch

Building

Story 1

Entry Level One

Foundation Raised

New Construction No

Schools

Elementary Schools Coker-Wimberly

Middle Schools Rocky Mount Middle

High Schools Southwest Edgecombe

Others

Tax ID 386001670200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Foote Real Estate LLC

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501 Magnolia DR