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602 Hugh Street

Goldsboro NC 27530

2
1
660 sq. ft.
4356 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Exceptional Investment Opportunity - Individual Home or 10-Property Portfolio A rare opportunity to purchase a fully renovated brick ranch home--available individually for $115,000 or as part of an exclusive 10-home portfolio, all located on the same street. This flexible offering is well-suited for owner-occupants, first-time investors, or those seeking to scale an existing rental portfolio efficiently. Built in 1956, each 2-bedroom, 1-bath residence has undergone extensive renovations, including new electrical, plumbing, HVAC systems, kitchens, bathrooms, laundry closets, windows, and entry doors. HVAC systems primarily include energy-efficient mini-splits and heat pumps, and several homes feature newer roofs installed in 2020. All work was completed by licensed contractors under a General Contractor, with permits pulled, inspections completed, and Certificates of Occupancy issued. Permit and renovation documentation is available through the co-listing agent. Seven homes are currently tenant-occupied, providing immediate income. Two homes are nearing completion, and one home is pending renovation, offering built-in value-add potential. Once fully completed and leased at market rents, the projected gross monthly rent across all ten homes is approximately $11,000. With all properties located on the same street, this portfolio offers operational efficiency, simplified management, and low-maintenance ownership. Situated in Goldsboro, the homes benefit from strong rental demand and stable market fundamentals, supporting consistent cash flow today with future upside. Purchase one, multiple homes, or the entire portfolio--investment options are open.

Features

2 bedrooms
1 bathroom
660 sq. ft. floor area
4356 sq. ft. lot size
Single-Family

Property history for 602 Hugh Street

2020
Sold
$160,000
19 Jun 2020 by Thomas Bohlmann, of Bohlmann Realty Group

Happy sellers in Goldsboro

90%
90% of sellers in Goldsboro reported that their sale price either exceeded or met their price expectations.

Goldsboro stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Goldsboro over the last 12 months.

Local market activity for 2 bedroom single-family properties in Goldsboro

In the last 12 months, 35 two-bedroom single-family properties similar to 602 Hugh Street, have been sold.

This represents a 13% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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