1716 Lynne Ave, Rocky Mount, NC 27801
- $4,900,000
- 4
- BD
- 2
- BA
- 1,940
- SqFt
Seller Representative Deaton Investment Real Estate
- List Price
- $4,900,000
- Price Change
- ▼ $400,000 1786397958
- 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.
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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 .