Bought with Bohlmann Realty Group
$89,900
$89,900
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0.37 Acres Lot
SOLD DATE : 09/29/2022
Key Details
Sold Price $89,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2343827
Sold Date 09/29/22
Originating Board Triangle MLS
Year Built 1900
Annual Tax Amount $325
Lot Size 0.370 Acres
Acres 0.37
Property Description
GREAT DUPLEX OPPORTUNITY -- 751 sq ft and 772 sqft 1523 sq ft total. One Bed, One bath per side. Separate HVAC gas packs. Vinyl Siding and Windows. Value adding investors Opportunity. Look at 14-1500sqft Fixed UP SOLD comps. Over $200,000K ARVs Now. Buy for $90K, invest est. $50k ( 15% NC Tax credit for materials - see doc section ) In for $140K Could rent for $750 / side or $1,500 month or $18K / year = 13% CAP rate. 1 mile to SMJAFB front entrance. Gross Rent Multiplier of 10x places value at $180,000 Financing Available for Investor Renovation Loan Approved with Sellers Lender. w Reno loans. located in NC OPPORTUNITY ZONE. Capital gains Tax Exemption after 10 years. Great for 1031 exchange. *** No Owner Financing, No Lease Options, Not FOR RENT. *** No Sign in Yard. Price is FIRM Sold "AS IS"
Location
State NC
County Wayne
Zoning R-6
Direction South on 13 Let on Elm Street to Right on S. Slocumb st or GPS
Interior
Heating Gas Pack, Natural Gas
Cooling Central Air, Gas
Flooring Carpet, Combination, Wood
Exterior
Garage No
Private Pool No
Building
Faces South on 13 Let on Elm Street to Right on S. Slocumb st or GPS
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wayne - Carver
Middle Schools Wayne - Goldsboro
High Schools Wayne - Goldsboro
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