Amazing Investment Opportunity in Rocky Mount, NC!
Don't miss out on this incredible chance to own a property in a city that's experiencing growth and renewed opportunities. Located at 1004 S Franklin St, Rocky Mount, NC 27803, this charming 3-bedroom, 1-bathroom home offers 1,114 square feet of potential and is priced to sell at just $59,995!
Rocky Mount is on the rise, with the average selling value of homes currently at $212,262. Over the past year, typical home values have increased by 3.7%, demonstrating the city's upward trajectory. This means that your investment has the potential to yield a great return in the future!
Moreover, the city of Rocky Mount is making significant investments in its development, with a proposed budget of 1 million dollars for a comprehensive plan aimed at promoting growth. The downtown area, just a short 0.06-mile distance from this property, is currently undergoing a revitalization process. A brand-new 50-apartment unit, worth 10 million dollars, is nearing completion, and there are plans for approximately 50 million dollars' worth of private and public development projects. By owning this property, you'll be at the heart of all the exciting transformations taking place!
Conveniently situated on the same street as City Hall, this house offers easy access to city services and amenities. Although it requires some TLC, you have the opportunity to transform this property into a beautiful home or a lucrative investment. The previous long-term tenants moved out in May 2023, providing a clean slate for you to renovate and customize according to your vision.
To make this deal even more enticing, this house is eligible for a 15k matching grant from the city of Rocky Mount. This grant can be utilized to enhance the property with new windows, HVAC systems, electrical upgrades, plumbing improvements, landscaping enhancements, and more. Take advantage of this generous offer to make significant upgrades while saving money!
Don't let this opportunity slip away. Whether you're a savvy investor or a homeowner looking to add value, this property has it all: location, growth potential, and a favorable purchase price of $59,995. Act now and secure your future in the upcoming city of Rocky Mount!
Contact us today to schedule a viewing or to learn more about this remarkable property. Don't wait—this gem won't be available for long!
Disclaimer: All information provided is based on the latest available data and is subject to change.
Sold for $35,000
$35,000
1004 S Franklin St, Rocky Mount, NC 27803
3beds
1,114sqft
SingleFamily
Built in 1950
7,840 Square Feet Lot
$117,700 Zestimate®
$31/sqft
$1,162 Estimated rent
Home value
$117,700
$91,000 - $144,000
$1,162/mo
Zestimate® history
Owner options
List your home for rent
$1,162/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,162/mo
Rent Zestimate®
Refinance and save
$170/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$170/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
New windowsElectrical upgradesHvac systems
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall, Gas
Cooling
- None
Features
- Basement: None
Interior area
- Total interior livable area: 1,114 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 375910462121
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Foundation: Other
- Roof: Metal
Condition
- Year built: 1950
Community & HOA
Location
- Region: Rocky Mount
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $31,620
- Annual tax amount: $199
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $35,000-41.7%$31/sqft |
Source: Public Record Report a problem | ||
| 9/14/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/14/2023 | Listed for sale | $59,995+140%$54/sqft |
Source: Owner Report a problem | ||
| 4/24/2023 | Sold | $25,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $199 +161.7% | $31,620 +178.3% |
| 2023 | $76 | $11,360 |
| 2022 | $76 | $11,360 |
| 2021 | $76 | $11,360 |
| 2020 | $76 | $11,360 |
| 2019 | $76 | $11,360 |
| 2018 | $76 | $11,360 |
| 2017 | $76 -63.2% | $11,360 -63.2% |
| 2015 | $207 +15.5% | $30,881 |
| 2014 | $179 -13.4% | $30,881 |
| 2012 | $207 | $30,881 |
| 2011 | $207 | $30,881 |
| 2010 | -- | $30,881 +12.5% |
| 2008 | $192 | $27,442 |
| 2007 | $192 | $27,442 |
| 2006 | -- | $27,442 |
| 2005 | -- | $27,442 |
| 2004 | -- | $27,442 |
| 2003 | -- | $27,442 |
| 2002 | -- | $27,442 |
| 2001 | -- | $27,442 +23.4% |
| 2000 | -- | $22,231 |
Find assessor info on the county website
Neighborhood: 27803
Nearby homes
- $160,8003 bd1 ba1k sqft734 Piedmont Ave, Rocky Mount, NC 27803Off Market
- $125,0003 bd2 ba1.4k sqft521 Quail Ct, Rocky Mount, NC 27803Sold

- $4,8401.62 Acres4181 Flowers Ln, Rocky Mount, NC 27803Off Market
- $35,1303 bd2 ba1.1k sqft8356 W Tarboro Rd, Rocky Mount, NC 27803Off Market
- $--0.258 Acres6 Blk X Arlington St. Ext Rocky Mount N.c, Rocky Mount, NC 27803Off Market
- $--7,500 Square Feet5 Blk X Arlington St. Ext, Rocky Mount, NC 27803Off Market
- $169,3003 bd1 ba1.3k sqft8373 W Tarboro Rd, Rocky Mount, NC 27803Off Market
- $55,0002 bd1 ba1.1k sqft8349 W Tarboro Rd, Rocky Mount, NC 27803Sold
Nearby schools
GreatSchools rating
- 4/10Winstead Avenue ElementaryGrades: K-5Distance: 3.7 mi
- 7/10Nash Central MiddleGrades: 6-8Distance: 7.5 mi
- 6/10Nash Central HighGrades: PK,9-12Distance: 5.1 mi
- North Carolina
- Nash County
- Rocky Mount
- 27803
- 1004 S Franklin St