216 E Peyton Ave, Kinston, NC 28501

$109,900
5
BD
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$109,900
MLS#
100593591
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Bedrooms
5
Bathrooms
2
Lot Size
6,970
Subdivision
Not In Subdivision

Property Description

TWO HOUSES, ONE PARCEL! A rare opportunity to pick up two income-producing single-family rental homes with one purchase. Both homes are currently tenant occupied, providing rental income from day one. 216 E Payton Street offers 3 bedrooms and 1 bathroom and currently rents for $500 per month. 502 N Independence Street offers 2 bedrooms and 1 bathroom and currently rents for $425 per month. With both homes currently rented below market rates, there is potential for increased rental income. Located close to shopping, dining, employment, and everything Kinston has to offer. Whether you're looking to expand an existing rental portfolio or acquire multiple rental properties in a single transaction, this property deserves a look. Two detached homes, two rental income streams, one parcel--bring your investment strategy and take advantage of the potential. No trespassing. DO NOT DISTRUB TENANTS.

Additional Information

Elementary School
Southeast
Middle School
Rochelle
High School
Kinston
Year Built
1930
Acres
0.16
Roof
Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty.