Rocky Mount, NC 27801 501 Magnolia Drive
$160,000
13 more
Presented By: Foote Real Estate LLC;
Beds • 4
Baths • 4
SQFT • 2,112
Home Details
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.
Presented By: Foote Real Estate LLC;
Interior Features for 501 Magnolia Drive
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Above Grade Finished Area2112
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area0
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
General for 501 Magnolia Drive
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityRocky Mount
Construction MaterialsVinyl Siding
CoolingWall/Window Unit(s)
CountyEdgecombe
DirectionsFollow 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.
Elementary SchoolEdgecombe County Schools
Full Baths4
Garage Y/NNo
HOANo
HeatingBaseboard, Electric
High SchoolEdgecombe County Schools
Lease Considered Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet13939.2
Lot Size UnitsSquare Feet
Middle/Junior High SchoolEdgecombe County Schools
ModificationTimestamp2025-05-30T20:00:24.000Z
New ConstructionNo
Ok to LeaseMonth To Month
Open Parking Spaces4
Property Attached Y/NYes
Property SubtypeQuadruplex
Property TypeResidential
RoofShingle
RoomsPrimary Bedroom
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot in a Subdivision
Tax Annual Amount1071.56
Total Rooms1
Year Built1978
Exterior for 501 Magnolia Drive
Building Area Total2112
Foundation DetailsRaised
Horse Y/NNo
Lot Size Acres0.32
Lot Size Area13939.2
Open Parking Y/NYes
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Edgecombe County Schools Elementary School
Middle School
Edgecombe County Schools Middle School
High School
Edgecombe County Schools High School
Nina Gervase
Realtor
