$195,000

401 Dexter Street, Rocky Mount, NC 27803

  • 4 beds |
  • 4 baths |
  • 1,224 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

4-Unit Investor Package - Value-Add Opportunity with Immediate Income Great opportunity to acquire four rental units across two duplexes in Rocky Mount for $195,000. The MLS listing is entered as 401 Dexter St, but the sale includes all units from 401-407 Dexter St, offering a rare chance to secure multiple doors in one transaction. Included in the sale: • 401-403 Dexter St (Parcel ID: 030630, PIN: 37591035663) • 405-407 Dexter St (Parcel ID: 027311, PIN: 375910355689) Each unit has its own address, providing flexibility for leasing and management. Two of the four units (401 and 405) are currently rented, generating immediate income. The remaining two units are currently being renovated and will be listed for rent upon completion, offering a clear path to increased cash flow in the near term. This creates an opportunity for investors to benefit from both in-place income and upcoming lease-up potential. This is a strong opportunity for investors looking to scale their portfolio with a property that offers both stability and value-add potential. Additional investment details are available upon request, including current rent roll, projected rental income (pro forma), potential seller financing options, and possible property management incentives. Reach out to listing agent for more information. All four units must be sold together.

Listing Status:
Active
Date Added:
March 7, 2026
Data Last Updated:
April 5, 2026 at 10:18PM
Listing Office:
Alluvium Elite Realty : 1 919-394-5891
MLS ID:
100558801
  • General: None
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardElectricElectric
  • General: None
  • Other Structures: Porch
  • Parking: Off StreetUnpavedParking spaces: 0
  • Roofing: Shingle
  • General: Vinyl SidingWood FrameOneCrawl Space
  • Road/Access: See Remarks
  • HOA Amenities: None
  • Originating MLS: Hive MLS
  • County: Nash
  • Zoning: Residential16 4 11 LT40 41 BLK A3759-10-35-6637
  • View: See Remarks
  • Fencing: None
  • Source: Hive MLS

This listing courtesy of Alluvium Elite Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Williford Elementary School

801 Williford St, Rocky Mount, NC, 27803

Grades KG-5

0.75 miles away

R

Rocky Mount Middle School

841 Nash St, Rocky Mount, NC, 27804

Grades 6-8

0.78 miles away

R

Rocky Mount High School

1400 Bethlehem Rd, Rocky Mount, NC, 27803

Grades 9-12

1.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.