616 Hugh Street Goldsboro, NC 27530
2 Beds
1 Bath
660 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 660 sqft
Price per Sqft $174
Subdivision Not In A Subdivision
MLS Listing ID 10139896
Style House
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 660
Year Built 1956
Annual Tax Amount $949
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Source Triangle MLS
Property Description
A rare chance to acquire ten brick ranch homes located on a single street, offering a streamlined and scalable addition to any rental portfolio. Properties may be purchased individually or as a complete package, providing flexibility for both new and seasoned investors.
Built in 1956, each home features 2 bedrooms and 1 bathroom and has undergone extensive renovations, including new electrical, plumbing, HVAC systems, kitchens, bathrooms, laundry closets, and more. All renovation work was completed by licensed contractors under a General Contractor, with all permits pulled and Certificates of Occupancy obtained. Additional details regarding permits and improvements are available through the co-listing agent.
Seven homes are currently tenant-occupied, delivering immediate income. Two additional homes are nearing completion, and one home is pending renovation, offering built-in upside. Once fully completed and rented at market rates, the gross projected monthly rent for all ten homes is approximately $11,000.
All homes are located on the same street, offering low-maintenance ownership and operational efficiency, ideal for professional property management. Goldsboro's strong rental demand supports stable cash flow today, with future potential for rent growth as the market continues to strengthen.
Buy one, several, or all ten; investment options are open.
Location
State NC
County Wayne
Zoning R-6
Direction see gps
Rooms
Other Rooms • Primary Bedroom (Main)
• Bedroom 2 (Main)
• Kitchen (Main)
Primary Bedroom Level Main
Interior
Heating Other
Cooling Other
Flooring Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces see gps
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1
Structure Type Brick
New Construction No
Schools
Elementary Schools Wayne County Schools
Middle Schools Wayne County Schools
High Schools Wayne County Schools
Others
Senior Community No
Tax ID 3509126011
Special Listing Condition Seller Licensed Real Estate Professional
