506 Nelson St, Kinston, NC 28501

Single Family / 2 Bedroom(s) / 1 Bath(s)

Property Status: Available (Wholesale) |  For Sale: $39,999.00

Property Photos
506 Nelson St (Image - 1)

Income Producing Duplex!!

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $39,999.00
Property Details:
Single Family / 2 BR / 1 BA
Property Style:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Housing Opportunity Group
(678) 704-7589

View on Individual's Website
Property Description:
Income producing duplex with long term tenants.  Combined rental rate $875 per month!! New roof a year ago, new windows upfront, no foundation, no electrical, or plumbing issues, has 2 bd, 1 bath each unit, 1100 sq. ft. each, updated the electrical and wiring last year.  Tenants would like to stay.  Contact Hannah Downs for more information or to schedule a showing at 678-704-7589

ARV: $115,000, Asking: $39,999, Spread: $75,001


911 Phillips Road, Kinston – Duplex, sold 5/19/2022 for $120,000 ($60,000/unit)
405 W. Highland Avenue, Kinston – Triplex, sold 3/04/2022 for $207,500 ($69,167/unit)
1010 W. Lenior Avenue, Kinston – Duplex, sold 9/03/2021 for $110,000 ($55,000/unit)

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

North Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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