REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 250,000
Est. payment | /mo
0.59 Acres Lot
$ 250,000
Est. payment | /mo
0.59 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Rooming House
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1205469
HOA Y/N No
Year Built 1920
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Rooming House
Source Triad MLS
Property Description
* PRICE IMPROVEMENT - BRING ALL OFFERS!* Investor special with strong value-add potential! 17-bedroom, 13-bathroom rooming house offering excellent upside for buy-and-hold or reposition investors. Large footprint allows for multiple income strategies including room rentals, workforce housing, or group living. Property requires updates and is priced accordingly, creating an opportunity to force appreciation and increase cash flow. High demand for affordable housing in the area supports long-term rental potential. Sold AS-IS. Cash or renovation financing preferred. Buyer to verify zoning, room count, and permitted use. Ideal for experienced investors seeking scale, upside, and strong ROI.
Location
State NC
County Rockingham
Interior
Heating Baseboard, Heat Pump, See Remarks
Cooling Central Air
Appliance Electric Water Heater
Exterior
Pool None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Rebecca Nelson • Fathom Realty
Schools and Properties Nearby
Learn More About LPT Realty
Jodi Aiken
License ID: 351828