1400 Clingman ST Active

Goldsboro,NC 25730

$ 775000

- Bed

0 Bath

1208 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,208 sqft

Price per Sqft $641

Subdivision Not In Subdivision

MLS Listing ID 100494648

Style Wood Frame

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,391

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 255.83X191.38X248X40

Property Sub-Type Multi Family

Source Hive MLS

Property Description

INVESTOR SPECIAL - 6-Unit Multifamily in Goldsboro, NC!

VALUE-ADD OPPORTUNITY

Looking for your next multifamily investment? This 6-unit property Minutes away from Seymour Johnson AFB! It is fully occupied with long-term tenants paying below-market rents - giving you immediate upside potential.

The property needs renovations, but the bones are solid. Perfect for an investor ready to modernize and push rents to market rate.

- (5) Units - 3 Bed / 2 Bath
- (1) Unit - 2 Bed / 1 Bath + 1-Car Garage
- Fully occupied
- Market rents projected at $7,000/month
- Pro Forma value ~$1.1M
- Currently listed at just $775,000 💸

Convenient location in a growing rental market
Huge potential to increase cash flow and equity!

Message me for rent roll, financials, or to schedule a walk-through.

All measurements to be verified

Location

State NC

County Wayne

Community Not In Subdivision

Zoning R-9

Direction US-70 W / NC-111 / US Highway 70 E Turn left onto Wayne Memorial Dr Turn right onto 4th st Turn left onto Clingman St The apartments will be on the left.

Interior

Heating Heat Pump,Natural Gas

Cooling Central Air

Flooring See Remarks

Exterior

Utilities Available Natural Gas Connected,Water Available

Building

Lot Description Corner Lot

Sewer Community Sewer

Water Community Water

New Construction No

Others

Tax ID 12000083002001

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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