1601 Snowden Drive Se, Wilson, NC 27893
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
1601 Snowden Drive Se,Wilson, NC 27893
$2,800,000
- 62 Beds
- 30 Baths
- 24,915 sq. ft.
- Multi-family
- Active
Listed by:duke cox
Office:real broker, llc.
MLS#:10065122
Source:RD
Price summary
- Price:$2,800,000
- Price per sq. ft.:$112.38
About this home
1601 Snowden Drive Multi-Family Portfolio | Wilson, NC | 30 Units
Offered for Sale | $2,800,000 Full Portfolio
Flexible Purchase Options:
Full Portfolio (30 Units): $2,800,000
Group 1 (10 Units): $975,000
Group 2 (20 Units): $1,875,000
Investment Highlights:
Presenting an exceptional investment opportunity to acquire a 30-unit multi-family portfolio in the thriving city of Wilson, NC. This well-maintained portfolio consists of 15 duplex buildings (14 x 2-bed/1-bath units and 1 x 3-bed/1-bath unit), strategically located in a prime rental corridor with strong tenant demand.
25 of 30 units fully renovated within the past 5 years, featuring modern finishes and improved market appeal.
Ample parking for residents and visitors.
Gross monthly rent roll: $21,850 with projections of $25,000 to $28,000/month within 1-2 years.
Stable occupancy with room for rent growth and operational efficiencies.
Professional property management in place.
Low operating expenses compared to market averages.
Proximity to major employers, retail, and essential services.
No seller financing. Cash or conventional financing buyers only.
Market Overview:
Wilson, NC is rapidly emerging as the manufacturing hub of Eastern North Carolina, attracting job growth, population influx, and rental demand. This portfolio is strategically positioned to capitalize on the area's economic expansion, providing investors with consistent cash flow and long-term value appreciation.
Investor Appeal:
Perfect for institutional investors, private equity groups, syndicators, and high-net-worth individuals
Contact an agent
Home facts
- Year built:1981
- Listing Id #:10065122
- Added:255 day(s) ago
- Updated:August 05, 2025 at 03:16 PM
Rooms and interior
- Bedrooms:62
- Total bathrooms:30
- Full bathrooms:30
- Living area:24,915 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Asphalt
- Year built:1981
- Building area:24,915 sq. ft.
- Lot area:3.7 Acres
Schools
- High school:Wilson - Beddingfield
- Middle school:Wilson - Charles H Darden
- Elementary school:Wilson - B O Barnes
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$112.38
- Tax amount:$19,261
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.New listings near 1601 Snowden Drive Se
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