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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1716 Lynne Ave , Rocky Mount, NC 27801
$5,300,000
Est. Payment: $27,311.99/mo
4 Bed
2 Bath
1940 Sqft
Status: pending | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Thomas Furlow , 919-412-3913 Deaton Investment Real Estate , 919-847-1117. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Year Built

1978

County

Edgecombe

Neighborhood

Meadowbrook

Listing ID

10144144

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Floor:Varies,See Remarks
Above Ground Sq Ft:1940
Below Ground Sq Ft:0
Other:Public

Exterior Features

Zoning:R6
Roof:Asphalt,Shingle
Sewer:Public Sewer
Parking Features:See Remarks
Principal Interest
$27,312
Taxes
$167

Home Price

$5,300,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$1,060,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,311.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,311.99 $167.13 $0.00 $27,479.12
Yearly $327,743.89 $2,005.58 $0.00 $329,749.47
Total $9,832,316.79 $60,167.40 $0.00 $9,892,484.19

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Rocky Mount, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina