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:
Duplex
Basement:
No Basement
Owner / Agent:
Wholesale
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

Comps:

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.

Contact Us

North Carolina Real Estate Investors Association

P.O. Box 4572
Cary, NC 27519
(919) 604-9093

An Independent REIA Powered by:

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.NCREIA.com  (North Carolina Real Estate Investors Association) does not give legal, tax, economic, or investment advice. NCREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2022 © North Carolina Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.