514-520 Suburb St, Rocky Mount, NC 27801
- $298,000
- 8
- BD
- 4
- BA
- 2,820
- SqFt
Seller Representative Braddock Realty
Buyer Representative
- Sold Price
- $298,000
- List Price
- $298,000
- Closing Date
- May 18, 2026
- Status
- CLOSED
- MLS#
- 10156293
- Bedrooms
- 8
- Bathrooms
- 4
- Full-baths
- 4
- Living Area
- 2,820
- Lot Size
- 13,068
- Subdivision
- To Be Added
- Year Built
- 1985
- Acres
- 0.30
Property Description
Two single-story side-by-side duplexes (4 units total) located at 514-520 Suburb St. All 2bed/1bath units Built in 1985 and 100% occupied, total of 2,820 square feet Slab on grade foundation Brick exterior Metal roof on 518/520 Suburb Street Asphalt shingle roof on 514/516 Suburb Street Current Cap Rate: 11.37% Projected Cap Rate: 12.18% (with modest rent increase to $800/unit market rent) Current NOI: $33,891 NOI at Market Rent: $36,291 All tenants are on month-to-month leases at $750/mo All units are individually metered and tenants pay water and electricity directly to providers; trash is included on tenants' water bill.
Additional Information
- Foundation
- Slab
- Water
- Public
- Basement
- Crawl Space
- Flooring
- Vinyl
- Roof
- Asphalt, Metal
- Heating
- Central
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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 .