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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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514 Cascade Ave , Rocky Mount, NC 27803
$942,000
Est. Payment: $2,093.33/mo
0 Bed
0 Bath
8641 Sqft
Status: Active | Days on site: 7
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House Description

514 and 520 Cascade Ave are 2 buildings totaling 12 units in Rocky Mount, NC that share an asphalt parking lot | Vacant units are rent-ready | All units are 2-bed/1-bath with ceiling register Mini-Splits | Electricity is individually metered and paid by tenants directly to the provider, and water is on a common meter and usage is billed to tenants by owner | Note: 514 F has a small area of damage floor in front of the sink | Eight units are currently occupied and four are vacant, offering a buyer upside at full market rent. | Current rents range from $750-850 Please also see the listing for the 10 units at 1600 Betz/701 Nelson which is only 1 block away and can be sold with this property as a 22 unit package

Highlights

Listed by Benjamin David Riegel , 252-969-0699 and Ben Braddock , 919-213-0308 Braddock Realty , 888-731-1710.

Property Type

Commercial Sale

Lot/Acreage
0.87

Year Built

1976

County

Nash

Listing ID

10191877

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:150' x 250' per GIS
Principal Interest
$2,093
Taxes
$518

Home Price

$942,000

Loan Details

30 yrs
%

Down Payment

20%
$188,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,093.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,093.33 $518.33 $0.00 $2,611.66
Yearly $25,120.00 $6,219.97 $0.00 $31,339.97
Total $753,600.00 $186,599.10 $0.00 $940,199.10

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rocky Mount, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.