NC
Edgecombe
Rocky Mount
27801
1716 Lynne Avenue
1716 Lynne Avenue, Rocky Mount, NC 27801
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Listing Type
Multi Family
Listing Status
Active
27
$5,900,000

Home Details for 1716 Lynne Avenue

Price
$5,900,000
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
1940
Year built
1978
County
Edgecombe
Garage
Days on site
0
MLS Listing#
10144144
Property Description

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.

Property Features
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Listing Courtesy: Deaton Investment Real Estate - 919-847-1117
Triangle MLS logo Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last Updated: 2026-03-02 16:11:00
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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615
Mikaela Rojas
License #: 315723
Franchisee
Office
919 706 7778
Agent
919 999 2568
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