1821 Spencer Avenue
This freshly updated investment opportunity contains 5 units and are 100 percent occupied. Current NOI over 45k with a pro forma over 50k. Still potential for value add but turnkey enough to do nothing but cashflow. The current area is growing quickly. Reach out for additional financial information and questions. Sqft and zoning are for Buyer and Buyer agent to confirm. Property consist of 2, 2 bedroom 1 bath units and 3, 1 bedroom 1 bath units. This is currently being sold at a 7.5 + cap. With a rent increase and taking off a couple of expenses this could be higher very easily.
- No Amenities
- Central Air
- Additional Parking
|Location||New Bern, NC 28560|
Desiree RouseView Bio
Contact InfoAtlantic Beach Sales Office
407 Atlantic Beach Causeway Suite 6F
Atlantic Beach, NC 28512
Cell: (252) 269-4470
Contact Agent - Real Estate Listing
Schedule a Showing - Real Estate
Property listed by Keller Williams Realty
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