1716 Lynne Avenue Rocky Mount, NC $ 4,200,000
1716 Lynne Avenue
$ 4,200,000
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1716 Lynne Avenue

Rocky Mount, NC, 27801
$ 4,200,000
Bedrooms4 Baths2.0 Sq 1,940

Monthly Estimate*

$ 29,008

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Multi-Family Home for sale in Rocky Mount, NC

for $4,200,000 with 4 bedrooms and 2 full baths. This 1,940 square foot home was built in 1978.

Selling as a package - The ''JLJB'' Rental Portfolio opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.

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Multi-Family Active

Price

$ 4,200,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Ranch

Year Built

1978

Town/City

Rocky Mount

County/Region

Edgecombe

MLS | Web ID

10144144

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Other
Roof Asphalt Shingle
Zoning R6
Architectural Style Ranch
Construction Materials Brick Veneer See Remarks
Year Built 1978
Levels One Two
Property Subtype Duplex
County Edgecombe
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Meadowbrook
Full Baths 2
Status Active
City Rocky Mount
Open Parking Spaces 4
Lot Size Square Feet 0
Tax Annual Amount 2005.58
Ok to Lease 12 Months
Structure Type Other
Standard Status Active
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Interior
Flooring Varies See Remarks
Air Conditioning Y/N true
Above Grade Finished Area 1940
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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Exterior
Parking Features See Remarks
Water Source Public
Foundation Details See Remarks
Building Area Total 1940
Lot Size Acres 0
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* Excluded Features
List By
Thomas Furlow

Listing Agent

Deaton Investment Real Estate

Broker

tfurlow@deaton.com

Email

Affordability Calculator

$29,008
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,008
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$4,200,000 -14.29% Price Down
8/19/2026$4,900,000 Listed Price

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1716 Lynne Avenue, Rocky Mount, NC, 27801 is a Multi-Family Home for sale at $4,200,000 with 1,940 sqft. 1716 Lynne Avenue has 4 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 27801 which is in Rocky Mount, NC