520-524 Keen St, Rocky Mount, NC 27804

$750,000
7,355
SqFt

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Seller Representative Braddock Realty

Seller Representative Braddock Realty

Sold Price
$750,000
List Price
$785,000

Property Description

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.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .