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514-520 Suburb Street, 
Rocky Mount, NC 27801

$298,000

8

Beds

4

Baths

2,820

Sq Ft

Multi-Family

Pending

Listed by

Benjamin David Riegel

, 

Ben Braddock

Braddock Realty

888-731-1710

Last updated:

May 14, 2026, 07:41 AM

MLS#

10156293

Source:

RD

About This Home

514-520 Suburb Street

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.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1985

Price Summary

298,000

$105 per Sq. Ft.

MLS #:

10156293

Last Updated:

May 14, 2026, 07:41 AM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,820 Sq. Ft.

Structure

Structure

Building Area:

2,820 Sq. Ft.

Year Built:

1985

Lot

Lot Size (Sq. Ft):

13,068

Finances & Disclosures

Finances

Price:

$298,000

Price per Sq. Ft:

$105 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.