Rocky Mount, NC 27801,501 Magnolia Drive
Listed by Foote Real Estate LLC
Bought with Non Member Office

$145,000

Est. payment /mo

$160,000

9.4%
Est.Price: ?

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501 Magnolia Drive Rocky Mount, NC 27801

4 Beds

4 Baths

2,112 SqFt

SOLD DATE : 07/02/2025

Key Details

Sold Price $145,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $68

Subdivision Not In A Subdivision

MLS Listing ID 10099858

Bedrooms 4

Full Baths 4

Year Built 1978

Annual Tax Amount $1,071

Lot Size 0.320 Acres

Property Sub-Type Quadruplex

Property Description

Don't miss this chance to own a quadplex in the heart of Rocky Mount! This well-maintained multi-family property features four one bedroom, one bathroom units, offering a solid foundation for immediate rental income and long-term growth. Three of the units are currently occupied by long-term tenants who would like to remain, providing stable and reliable cash flow from day one. One unit is vacant giving new owners the flexibility to rent at current market rates or even occupy themselves. This is a rare opportunity to purchase multiple doors at once in a growing rental market.

Location

State NC

County Edgecombe

Interior

Heating Baseboard, Electric

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Building

Foundation Raised

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Edgecombe County Schools

Middle Schools Edgecombe County Schools

High Schools Edgecombe County Schools

Others

Special Listing Condition Standard

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Doorify MLS / Triangle MLS
agent

Christina Valkanoff

Broker | Owner | License ID: 233901

+1(919) 646-4006

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