1716 Lynne Ave, Rocky Mount, NC 27801

$4,200,000
4
BD
2
BA
1,940
SqFt

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Seller Representative Deaton Investment Real Estate

List Price
$4,200,000
Price Change
▼ $700,000 1789070162
Status
ACTIVE
MLS#
10144144
Bedrooms
4
Bathrooms
2
Full-baths
2
Living Area
1,940
Subdivision
Meadowbrook
Year Built
1978

Property Description

Selling as a package - The ''JLJB'' Rental Portfolio opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.

Additional Information

Water
Public
Flooring
Other, Varies
Roof
Asphalt, Shingle
Heating
Other

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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 .