Description
***LEASED INVESTMENT PROPERTY BEING SOLD WITH 3 ADDITIONAL PROPERTIES: 112 Stancill Dr, 120 N Meade St, and 1308 Willow StThis 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. Homes range from 1,200-2,600 SF. Homes are fully leased, many through fall 2022. 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.112 N Meade St A & BRenovated in 2016, this house too has a new new countertops and some newly remodled bathrooms. Stainless steel appliances, one in-unit washer and dryer, and hardwood floors make this the perfect rental and ensures consistent lease ups. New roofs and fascia boards wrap the exterior.
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6BEDS
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0.15ACRES
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2BATHS
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11/2 BATHS
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1,862SQFT
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$873$/SQFT
School Information
Description
***LEASED INVESTMENT PROPERTY BEING SOLD WITH 3 ADDITIONAL PROPERTIES: 112 Stancill Dr, 120 N Meade St, and 1308 Willow StThis 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. Homes range from 1,200-2,600 SF. Homes are fully leased, many through fall 2022. 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.112 N Meade St A & BRenovated in 2016, this house too has a new new countertops and some newly remodled bathrooms. Stainless steel appliances, one in-unit washer and dryer, and hardwood floors make this the perfect rental and ensures consistent lease ups. New roofs and fascia boards wrap the exterior.
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