Bought with KW Realty Platinum
$160,000
$200,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
602 Hugh Drive #602-603, 604-605, 606-608, 610 Goldsboro, NC 27530
Key Details
Sold Price $160,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Crawford Heights
MLS Listing ID 2178016
Sold Date 06/19/20
Year Built 1956
Annual Tax Amount $260
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
TEN yes that is right TEN Single family All houses are 2 bed and 1 bath. 8 at 660sqft and 2 at 736sqft. RIGHT NEXT TO EACH OTHER. 8 ON THE EAST side and 2 on the WEST side of Hugh St. Investors / rehabbed dream. HUGE Upside. Potential of $700/ m each for rent or $84,000 / Year Rent income. Purchase at $200,000, renovate at $200,000. Net $400K. $84,000 yr-rnt / $400K = 22.7% CAP rate. EBIT. NC Opportunity Zone for tax advantages. We have LENDERS THAT MAY WORK WITH INVESTORS. SEND US YOUR EMAIL
Location
State NC
County Wayne
Zoning R-6
Direction GPS 117 to Elm Street, South on Crawford, left on Hugh.
Rooms
Basement Crawl Space
Interior
Heating Electric, Forced Air
Cooling None
Flooring Carpet, Combination, Wood
Exterior
View Y/N Yes
Garage No
Private Pool No
Building
Faces GPS 117 to Elm Street, South on Crawford, left on Hugh.
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Wayne - North Drive
Middle Schools Wayne - Goldsboro
High Schools Wayne - Goldsboro
Others
Senior Community No
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