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$750,000

  • Sold
  • Closed
  • Commercial Multi-Family
  • 7,355 Sq. Ft.
  • 0.71 Acres
  • Updated 2 days ago
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This high-yield portfolio features two buildings totaling 10 units, all configured as 2-bedroom, 1-bathroom layouts. Offering a blend of immediate cash flow and significant upside, this property is currently 90% occupied with the vacant unit in rent-ready condition. Strong existing return with a cap rate of 10.51% and a clear path to stabilization with a projected cap rate of 12.87% Tenants pay their own utilities. 524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.

Full Property Details for 520-524 Keen St

General

  • Sold For: $750,000
  • Taxes: $4,795
  • Status: Closed
  • Type: Commercial Multi-Family
  • Source: 2218
  • MLS ID: 10149993
  • Added to Site: 85 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Location

  • County: Nash
  • Driving Directions: Turn onto Keen St from N Grace St. Units will be on your right
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Brick
  • Building Size: 7355
  • Square Feet: 7,355
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.71
  • Lot Size (Sq. Ft.): 30,927.6
  • Lot Dimensions: 147.94 x 227.78 x 168.56 x 133.2

Financial Considerations

  • Price Per Acre: $1,105,633.8
  • Tax Amount: $4,795.97

Disclosures and Reports

  • Special Conditions: Standard

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock
Sold by Non Member Office, Non Member

Listing agents

— 520-524 Keen St —

  • Benjamin David Riegel

    Braddock Realty

  • Ben Braddock

    Braddock Realty

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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 520-524 Keen St

Date
Details
Price
Change
Source
5/22/2026
Sold
$750,000
-4.46%
MLS
3/02/2026
Listed
$785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock
Sold by Non Member Office, Non Member

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520-524 Keen Street, Rocky Mount, NC 27804 (MLS# 10149993) is a Commercial Multi-Family property that was sold at $750,000 on May 22, 2026. Want to learn more about 520-524 Keen Street? Do you have questions about finding other Commercial 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.