9 Units Multi Family Apartments FOR SALE!

Street Address: 719-727 Branch St Rocky Mount, NC 27801 Asking $100,000 Est. Repair $100,000 Est. Repaired Value $315,000 ** (35k per unit) Potential Gross Profit $115,000 Investors Delight!!!! Here is a 9 unit building multi family apartment complex located five minutes away from a newly built 50 million dollar Downtown Event Center and tons of new renovations. The state headquarter for DMV is locating to Rocky Mount. Edgecombe County has received close to one billion dollars of investment in the last 18 mons ( source: Norris Tolson Carolina Gateway Partnership) This apartment complex comes with Three three beds 2 bathrooms, and Six one beds 2 bathrooms apartment. 3 of the 1 beds units received fire damage and needs Full Rehab, approx $100k in work needed. Apartments in the area are renting approx for $500 - $800 per month. ARV is approx 315k. Gross Potential Income - $5400 County Taxes - $1,647.24