505 E Elizabeth ST, Selma, NC 27576
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505 E Elizabeth ST, Selma, NC 27576
505 E Elizabeth ST, Selma, NC 27576
505 E Elizabeth ST, Selma, NC 27576
505 E Elizabeth ST, Selma, NC 27576
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Listed by Howard Hanna Allen Tate Wake Forest/Rolesville
$ 219,900
Est. payment /mo
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505 E Elizabeth ST Selma, NC 27576

4 Beds

2 Baths

1,736 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $126

Subdivision Not In A Subdivision

MLS Listing ID 10195124

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1981

Annual Tax Amount $1,954

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Duplex

Source Doorify MLS

Land Area 1736

Property Description

Investor Opportunity in Selma, NC! This income-producing duplex offers an attractive opportunity for an investor looking to add a tenant-occupied property to their portfolio. Both 2-bedroom, 1-bath units are currently leased, providing an established rental history from day one, and the existing property management company is already in place should the new owner choose to continue with the current arrangement for a seamless transition. Each unit has its own separate entrance and driveway, providing privacy and convenience for tenants. Unit A features a combination of carpet and laminate flooring, while Unit B offers continuous LVP flooring throughout. Both units also enjoy access to a rear patio, attached storage room and a wooded buffer that provides additional privacy. Conveniently located near downtown Selma, shopping, dining, major highways and the Selma-Smithfield Amtrak station, this property offers both an established tenant base and a convenient location for renters. A solid opportunity for investors seeking an income-producing duplex with tenants and property management already in place.

Location

State NC

County Johnston

Community Not In A Subdivision

Area 0.25

Zoning RES

Interior

Cooling Central Air, Heat Pump

Flooring Carpet, Laminate, Luxury Vinyl

Fireplace No

Laundry In Kitchen, Main Level, Laundry Closet

Exterior

Parking Features Driveway

Roof Type Shingle

Garage No

Building

Lot Description Back Yard, Front Yard

Story One

Foundation Slab

Water Public

New Construction No

Others

Tax ID 14015036

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


Doorify MLS

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505 E Elizabeth ST