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Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $86
Subdivision Not In Subdivision
MLS Listing ID 100462809
Sold Date 12/05/24
Style Wood Frame
Bedrooms 7
HOA Y/N No
Originating Board Hive MLS
Year Built 1959
Annual Tax Amount $1,200
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 59x215x65x214
Property Sub-Type Duplex
Property Description
Investment Opportunity: Turnkey Duplex in North Kinston
This extensively renovated duplex offers a prime buy-and-hold opportunity for investors. Located in a quiet, established neighborhood without an HOA, this property has been newly renovated inside and out.
Each unit is generously sized, with one featuring 4 spacious bedrooms and the other 3 spacious bedrooms. Both units are currently leased with 12-month agreements, ensuring consistent rental income. Notably, the current rents are below market value, offering significant potential for increased returns. The property boasts extensive renovations, including new floors, walls, kitchens, bathrooms, doors, fixtures, all new electrical & plumbing, windows, and a new roof! Central heat and air are installed throughout, and each unit comes equipped with brand-new appliances: refrigerator, stove, washer, and dryer.
The duplex is set on a 0.31-acre lot, providing ample space. Its location just off Highway 11 offers easy access to Kinston, Greenville, Goldsboro, and New Bern, NC, with Highway 70 nearby for added convenience.
This turnkey investment is ready for immediate returns in a desirable location. Contact us today to schedule a showing and explore this valuable opportunity in person.
Location
State NC
County Lenoir
Community Not In Subdivision
Zoning RA6
Direction From NC-11 S: Turn left onto Mewborn Ave. Turn left onto Harper Dr
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s)
Heating Electric, Heat Pump
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Washer, Stove/Oven - Electric, Refrigerator, Dryer
Exterior
Parking Features On Site
Utilities Available Water Connected, Sewer Connected
Roof Type Shingle
Porch None
Building
Lot Description See Remarks
Story 2
Entry Level Two
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Schools
Elementary Schools Northeast
Middle Schools Rochelle
High Schools Kinston
Others
Tax ID 453603006300
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Liz Summerlin
Broker | REALTOR® | License ID: 305614
Broker | REALTOR® License ID: 305614