Fully Occupied, Income Producing Fourplex

309 Sampson St, Clinton, NC 28328

$300,000 After Repair Value -
$250,000 Asking Price -
$0 Cost of Repairs =
$50,000 Potential Profit

Property Details

Asking Price $250,000

After Repair Value $300,000

Costs of Repairs $0

Potential Profit $50,000

Living Area 2456 ft2

Property Type 4-Plex

Bedrooms 4

Bathrooms 4

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

4-unit, income-producing property in Clinton, NC. The property requires little to no repairs. Each of the units is a 1bd/1ba with a kitchen and living room. Utilities are sub-metered, and each unit has its own HVAC unit. The property offers ample parking and proximity to local retail. The property is fully occupied (month-to-month), and the tenants are currently paying $475 per month. Market rate is approximately $525.


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