Rocky Mount, NC 27803 600 S Vyne Street
$468,000
9 more
Presented By: Braddock Realty;
SQFT • 4,170
Home Details
6-unit building located at 600 S Vyne Street
Built in 1980 and 100% occupied, total of 4,170 square feet
Brick exterior
Single story w/ crawl Space
Central HVAC in all units
Metal Roof
Current Cap Rate: 11.03%
Projected Cap Rate: 11.55% (with modest rent increase to $800/unit)
Current NOI: $51,640
NOI at Market Rent: $54,040
All tenants are on month-to-month leases ranging from $750-800/mo
All units are individually metered and tenants pay water and electricity directly to providers; trash pickup is included on tenants' water bill.
Occupied units will not be shown until under contract
Presented By: Braddock Realty;
Interior Features for 600 S Vyne 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 600 S Vyne Street
Building Area UnitsSquare Feet
Business TypeResidential
CityRocky Mount
Construction MaterialsBrick
CountyNash
DirectionsTurn off US-301 onto Arbor Ln, at the end of the road merge onto Bethlehem Rd, turn left onto Hammond St. at the first light, drive 1 mile and turn right onto S Vyne St. 600 S Vyne St will be on the right
Living Area UnitsSquare Feet
Lot Size Square Feet20037.6
Lot Size UnitsSquare Feet
New ConstructionNo
Ok to LeaseMonth To Month
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount2924.32
Year Built1980
Exterior for 600 S Vyne Street
Building Area Total4170
Lot Dimensions125' x 139.31' x 131.5' x 180.13'
Lot Size Acres0.46
Lot Size Area20037.6
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