2004 S Church St, Rocky Mount, NC 27803

Property Description

Investor Special! Quadruplex in Rocky Mount Calling all investors - incredible opportunity with huge upside! This four-unit property offers a total of 3,968 sq ft across four spacious 2 bedroom, 1.5 bath units (each 992 sq ft). Property needs a full rehab and will not qualify for conventional financing - cash or hard money only. The heavy lifting has already been done: both a professional appraisal and renovation estimate are in hand, and the seller is willing to complete the rehab turn-key for approximately $150,000 (depending on finishes). Appraised Value (Sales Comparison): $312,000 Appraised Value (Income Approach): $339,000 Section 8 Approved Rent: $1,130 per unit Projected Rental Income: $4,528/month With four income-producing units, Section 8 rent approval, and the potential to deliver turn-key, this property is a true diamond in the rough. Don't miss your chance to secure a cash-flowing asset in Nash County!