Property Description:

This fully vacant 8-unit brick complex at 100–104 Photinia Court, Rocky Mount, NC 27801, offers a prime investment opportunity. Situated near Downtown Rocky Mount and the Rocky Mount Mills entertainment district, this property is poised for significant value addition. With each unit featuring 2 bedrooms and 1 bathroom, there's ample space to attract quality tenants. Whether you're looking to flip or add to your rental portfolio, this property is priced to move. Act fast to secure this incredible deal and build your wealth in a growing market.?

Property Highlights:
Spacious 0.3-acre lot per building

Exterior: Durable brick construction

Located in the established neighborhood of Rocky Mount?

Nearby Schools & Amenities:
This property is conveniently located near a variety of schools, shopping centers, and parks, providing all the essentials within reach.?

Financial Overview:
Buy Now Price: $590,000

Estimated Rehab Cost: $120,000 ($15,000 per unit)

After Repair Value (ARV): $800,000

Projected Net Profit: $90,000

Rent Zestimate®: $925–$1,095 per unit/month?

Property Specs & Condition:
Property SF: ~8,440 total

Building Type: Multifamily

Roof: Asphalt shingle

Heating: Electric baseboard

Sewer, Water & Utilities: City

Zoning: Residential multifamily?

We have done all of the heavy lifting to clear the title; all you have to do is come to the closing table. Our team will guide you through the process and address any concerns you may have. Don't let this opportunity slip away! Check out the photos and submit your soft offer below.