Description
***LEASED INVESTMENT PROPERTY BEING SOLD WITH 1 ADDITIONAL PROPERTY: 107 Stancill DrThis excellent 1031 exchange opportunity is located in the ever-popular submarket near East Carolina University known as ''the Grid'' and consists primarily of SFRs with a student rental population. The neighborhood abuts downtown Greenville, a CBD experiencing rapid growth and development. Very rarely does an opportunity to acquire several single-family leased properties in one transaction occur in this stable neighborhood. The properties provide immediate, stable rental income with significant upside. This offering provides qualified buyers the opportunity to own high-demand rental properties in a sought-after neighborhood. Interior inspections shall be a contingency of an accepted offer. 107 Stancill A & BRenovated in 2016, the unit interior only includes hardwood and tile floors that were sanded and refinished in 2018. Stainless steel appliances new countertops, and hardwood floors make this the perfect rental for the area students. Painted with the ever-popular light gray walls with white trim, the sales presentation of the property is top-notch in this college setting. The landscaping has a mid century modern feel with lots of greens including boxwoods, yews, and muhly grasses. New roofs and fascia boards wrap the exterior. 109 Stancill A & BRenovated in 2016, this house includes stainless steel appliances, and hardwood floors make this the perfect rental and ensures consistent lease ups. New roofs and fascia boards wrap the exterior and new exterior doors. The landscaping was designed to have blooms throughout most of the year. The yard is full of knock out roses, crepe myrtles, abelias, spring bulbs, and a camellia.
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6BEDS
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0.17ACRES
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2BATHS
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01/2 BATHS
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1,910SQFT
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$416$/SQFT
School Information
Description
***LEASED INVESTMENT PROPERTY BEING SOLD WITH 1 ADDITIONAL PROPERTY: 107 Stancill DrThis excellent 1031 exchange opportunity is located in the ever-popular submarket near East Carolina University known as ''the Grid'' and consists primarily of SFRs with a student rental population. The neighborhood abuts downtown Greenville, a CBD experiencing rapid growth and development. Very rarely does an opportunity to acquire several single-family leased properties in one transaction occur in this stable neighborhood. The properties provide immediate, stable rental income with significant upside. This offering provides qualified buyers the opportunity to own high-demand rental properties in a sought-after neighborhood. Interior inspections shall be a contingency of an accepted offer. 107 Stancill A & BRenovated in 2016, the unit interior only includes hardwood and tile floors that were sanded and refinished in 2018. Stainless steel appliances new countertops, and hardwood floors make this the perfect rental for the area students. Painted with the ever-popular light gray walls with white trim, the sales presentation of the property is top-notch in this college setting. The landscaping has a mid century modern feel with lots of greens including boxwoods, yews, and muhly grasses. New roofs and fascia boards wrap the exterior. 109 Stancill A & BRenovated in 2016, this house includes stainless steel appliances, and hardwood floors make this the perfect rental and ensures consistent lease ups. New roofs and fascia boards wrap the exterior and new exterior doors. The landscaping was designed to have blooms throughout most of the year. The yard is full of knock out roses, crepe myrtles, abelias, spring bulbs, and a camellia.
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