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Listing Details

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Description

Great income producing, 10 unit, apartment building in the heart of Kinston! Within walking distance to the Grainger Stadium, downtown, shopping, restaurants and more. 8 units are 2 bedrooms 1 bath, two stories. The remaining 2 units are on one end. One is a 2 bedroom, 1 bath, second story unit and the other is a 1 bedroom, 1 bath, first story unit. All units have heat and 6 units have central air. One unit was used as storage but is currently being renovated to be used as a rental. The other 9 units are rented. Tenants would like to stay after the sale and most of the tenants are long term tenants. Current rental rate is $425 for the 2 bedroom units and $300 for the 1 bedroom. Tenants that were there prior to the current rental rate is still set at the old rental rate. Tenants are responsible for their own utilities and appliances except stove. There are no washer and dryer hookups. Bedrooms and bath is upstairs in the 2 bedroom units and the kitchen and living room is downstairs.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-18T21:55:26.483.
www.homesingreenvillenc.com/homes/119525545
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656 Dr Martin Luther King Jr Boulevard Kinston, NC 28501

  • Price: $198,500
  • Status: Active
  • Updated: 44 min ago
  • MLS #: 100282075
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Beds
0
Baths
0
½ Baths
0.28
Acres
3,528
SQFT
$56
$/SQFT
1901
Built
Neighborhood:
Not In Subdivision
County:
Lenoir
Area:
Kinston
Property Description
Great income producing, 10 unit, apartment building in the heart of Kinston! Within walking distance to the Grainger Stadium, downtown, shopping, restaurants and more. 8 units are 2 bedrooms 1 bath, two stories. The remaining 2 units are on one end. One is a 2 bedroom, 1 bath, second story unit and the other is a 1 bedroom, 1 bath, first story unit. All units have heat and 6 units have central air. One unit was used as storage but is currently being renovated to be used as a rental. The other 9 units are rented. Tenants would like to stay after the sale and most of the tenants are long term tenants. Current rental rate is $425 for the 2 bedroom units and $300 for the 1 bedroom. Tenants that were there prior to the current rental rate is still set at the old rental rate. Tenants are responsible for their own utilities and appliances except stove. There are no washer and dryer hookups. Bedrooms and bath is upstairs in the 2 bedroom units and the kitchen and living room is downstairs.
Exterior Features

Location Type Mainland Lot Dimensions Unknown

Property Features

Auction No City Limits Yes Cobra Zone No Hoa YN No New Construction No Sale Lease Includes BuildingsLand Sale Or Lease Sale Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Zoning I-1



Listing information © 2021 NCRMLS
Listing provided courtesy of Percy Brooks of Coldwell Banker Sea Coast Advantage.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-18T21:55:26.483.
 
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The Tingen Team- Berkshire Hathaway HomeServices Prime Properties
2625 Charles Blvd.
Greenville NC, 27858