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$298,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 8 Total Beds
  • Updated 1 day ago
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Two single-story side-by-side duplexes (4 units total) located at 514-520 Suburb St. All 2bed/1bath units Built in 1985 and 100% occupied, total of 2,820 square feet Slab on grade foundation Brick exterior Metal roof on 518/520 Suburb Street Asphalt shingle roof on 514/516 Suburb Street Current Cap Rate: 11.37% Projected Cap Rate: 12.18% (with modest rent increase to $800/unit market rent) Current NOI: $33,891 NOI at Market Rent: $36,291 All tenants are on month-to-month leases at $750/mo All units are individually metered and tenants pay water and electricity directly to providers; trash is included on tenants' water bill.

Full Property Details for 514-520 Suburb St

General

  • Price: $298,000
  • Taxes: $1,225
  • Status: Active
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10156293
  • Updated: 3/30/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: Gravel

Location

  • County: Edgecombe
  • Subdivision: To Be Added
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Duplex, Multi Family, Quadruplex, Site Built
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Roof: Asphalt, Metal
  • Building Size: 2820
  • Square Feet: 2,820
  • Finished Above Grnd: 2,820 Sq. Ft.
  • Year Built: 1985

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068

Financial Considerations

  • Tax Amount: $1,225.3

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 386001997100
  • Lot Number: 2&3

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock (252) 567-1851

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Listing agents

— 514-520 Suburb St —

  • Benjamin David Riegel

    Braddock Realty

  • Ben Braddock

    Braddock Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 514-520 Suburb St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Listed
$298,000
1602.86%
MLS
5/18/2017
Sold
$17,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 514-520 Suburb St

Year
Property Taxes
Change
Tax Assessment
Change
2019
$405
-42%
100%
2021
$697
72%
-100%
2019
$405
—
$42,645
—
2017
$405
-18%
$42,645
-18%
2016
$494
—
$52,044
—
2015
$494
6%
$52,044
—
2014
$466
4%
$52,044
—
2013
$448
—
$52,044
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock (252) 567-1851

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514-520 Suburb Street, Rocky Mount, NC 27801 (MLS# 10156293) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 514-520 Suburb Street is currently listed for $298,000 and was received on March 30, 2026. Want to learn more about 514-520 Suburb Street? Do you have questions about finding other Multi-Family real estate for sale in Rocky Mount? You can browse all Rocky Mount real estate or contact a Coldwell Banker agent to request more information.

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