***LEASED INVESTMENT PROPERTY BEING SOLD WITH 3 ADDITIONAL PROPERTIES: 112 Stancill Dr, 1308 Willow St, and 112 N Meade StThis excellent 1031 exchange opportunity is located in the ever-popular submarket near East Carolina University known as ''the Grid'' and consists primarily of SFRs with a student rental population. The neighborhood abuts downtown Greenville, a CBD experiencing rapid growth and development. Very rarely does an opportunity to acquire several single-family leased properties in one transaction occur in this stable neighborhood. The properties provide immediate, stable rental income with significant upside. Homes range from 1,200-2,600 SF. Homes are fully leased, many through fall 2022. This offering provides qualified buyers the opportunity to own high-demand rental properties in a sought-after neighborhood. Interior inspections shall be a contingency of an accepted offer. 110 Stancill & 120 N Meade St (Duplex)Renovated in 2016, the unit layout is the popular open concept with a nice flow. Stainless steel appliances and hardwood floors make this the perfect rental and ensures consistent lease ups. This home has 2 beautiful long needle pines in the yard. A berm was built in the yard that was filled with hydrangeas, and a raised bed was built with azaleas. On the sides and rear of the home, hollies, arborvitae, a river birch, and ligustrums were planted to create a colorful visual barrier in the backyard.
Listing Agent: Byron Aynes Courtesy of: The Overton Group Copyright 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Updated: 27th September, 2022 8:11 AM (UTC)