Rocky Mount, NC 27804 520-524 Keen Street
$785,000
Pending
19 more
Presented By: Braddock Realty;
SQFT • 7,355
Home Details
This high-yield portfolio features two buildings totaling 10 units, all configured as 2-bedroom, 1-bathroom layouts. Offering a blend of immediate cash flow and significant upside, this
property is currently 90% occupied with the vacant unit in rent-ready condition. Strong existing return with a cap rate of 10.51% and a clear path to stabilization with a projected cap rate
of 12.87% Tenants pay their own utilities. 524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.
Presented By: Braddock Realty;
Interior Features for 520-524 Keen Street
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Heating Y/NYes
General for 520-524 Keen Street
Building Area UnitsSquare Feet
Business TypeResidential
CityRocky Mount
Construction MaterialsBrick
CountyNash
DirectionsTurn onto Keen St from N Grace St. Units will be on your right
Living Area UnitsSquare Feet
Lot Size Square Feet30927.6
Lot Size UnitsSquare Feet
New ConstructionNo
Ok to LeaseMonth To Month
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusPending
StatusPending
Tax Annual Amount4795.97
Year Built1978
Exterior for 520-524 Keen Street
Building Area Total7355
Lot Dimensions147.94 x 227.78 x 168.56 x 133.2
Lot Size Acres0.71
Lot Size Area30927.6
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Nina Gervase
Realtor
Rami Tvizer Inactive Agent - No Longer with eXp Do Not Reactivate
Associate Broker