1716 Lynne Avenue, 12 Rocky Mount, NC 27801

12 Rocky Mount
Local realty services provided by:ERA Live Moore
1716 Lynne Avenue,Rocky Mount, NC 27801
$4,200,000
  • 4 Beds
  • 2 Baths
  • 1,940 sq. ft.
  • Multi-family
  • Active
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10144144
Source:RD

Price summary

  • Price:$4,200,000
  • Price per sq. ft.:$2,164.95

About this home

Selling as a package - The ''JLJB'' Rental Portfolio opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.

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Home facts

  • Year built:1978
  • Subdivision & Development:Meadowbrook
  • Listing ID #:10144144
  • Added:235 day(s) ago
  • Updated:September 26, 2026 at 02:55 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Varies
  • Living area:1,940 sq. ft.

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1978
  • Building area:1,940 sq. ft.
  • Construction Materials:Brick Veneer
  • Levels:One, Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,200,000
  • Price per sq. ft.:$2,164.95
  • Tax amount:$2,006
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