Bought with Tranzon Key Auctions
$561,000
$539,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/15/2022
Key Details
Sold Price $561,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Morningside
MLS Listing ID 2431694
Sold Date 03/15/22
Originating Board Triangle MLS
Year Built 1968
Annual Tax Amount $449
Property Description
Cash, "as is" offers on Tranzon contract only. Flooded in 2018 Hurricane. Flood Zone AE. Partially renovated 56-unit vacant apartment complex. Concrete, block & brick 14 bldgs; 4 units ea. w/2 BR & 1 bath +/- 600 SF each unit, individual electric meters. New roofs 2018. 4 bldgs roughed in w/plumbing, wiring, ductwork, drywall, kitchen cabinets. 8 new dishwashers convey. 2 laundry bldgs. Not designated as subsidized housing BUT there's a large local demand for affordable housing. Sec 8 is an option.
Location
State NC
County Lenoir
Direction I-95 S to North Carolina Hwy 58 S in Wilson County. Take exit 49 from US-264 E, Follow North Carolina Hwy 58 to Morningside Dr in Kinston approximately 42 minutes until you reach the property.
Interior
Heating None, Other
Cooling None
Flooring Concrete
Exterior
Garage No
Private Pool No
Building
Building Description Brick,Brick Veneer, Coin Operated Washer/Dryer
Faces I-95 S to North Carolina Hwy 58 S in Wilson County. Take exit 49 from US-264 E, Follow North Carolina Hwy 58 to Morningside Dr in Kinston approximately 42 minutes until you reach the property.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Brick Veneer
New Construction No
Schools
Elementary Schools Out Of Area
Middle Schools Out Of Area
High Schools Out Of Area
Others
Special Listing Condition Auction
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