1601 Snowden Dr SE Wilson, NC 27893
Property details
About 1601 Snowden Dr SE
Investment Opportunity: Exceptional investment opportunity to own a 30-unit Multi-family Portfolio in Wilson, NC, in a prime location. This well-maintained portfolio comprises 15 duplex buildings (14-2Beds/1bath, and 1-3Beds/1bath). Twenty-five (25) units were completely renovated in the last 5 years, ensuring modern features and improved tenant appeal. These properties provide sufficient parking for residents and visitors. Gross Rent Roll is currently $21,850/month but projected to be between $25,000 and $28,000 in 1 to 2 years. Operating Expenses are comparatively low, with a Property Management Company in place. This portfolio provides stable occupancy and strong upside through modest rent increases and management efficiencies. Located in growing Wilson, NC, as the manufacturing hub of Eastern North Carolina, the properties benefit from strong rental demand, proximity to major employers, and access to local amenities, ensuring consistent occupancy and long-term investment security. This is a turnkey investment and ideal for experienced investors or first-time buyers seeking immediate cash flow with room for growth. All photos of the buildings prior to being leased or sold were taken by the listing agent a couple of years ago.
Highlights
Summary
- MLS Number: 10065122
- MLS Name: Doorify MLS
- Office Name: Real Broker, LLC
- Office Phone: (919) 348-2585
- Office Email: NCBroker@therealbrokerage.com
- Listing Agent: Duke Cox
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. 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.
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Last updated on: 3/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,895,000
1601 Snowden Dr SE
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $122,054 | $565 |
| 2023 | $43,310 | $565 |
| 2022 | $43,310 | $565 |
| 2021 | $43,310 | $565 |
| 2020 | $43,310 | $565 |
| 2019 | $43,310 | $565 |
| 2018 | $43,310 | $565 |
| 2017 | $43,310 | $556 |
History based on county public records data.
Nearby schools
6
Barnes Elementary School
Public District KG-5
0.9 mi
•1913 Martin L King Parkway
4
Vick Elementary School
Public District KG-5
1.0 mi
•504 N Carroll Street
7
Hearne Elementary School
Public District KG-5
1.9 mi
•300 W Gold St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,041. The most common annual income of people living in Wilson, NC is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Golden Corral
What do the neighbors drive?
Buick
Cadillac
Kia
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
This home is located at 1601 Snowden Dr SE in Wilson, NC and zip code 27893 in the Springfield neighborhood. This 24,915 square foot home, which was built in 1981, sits on a 3.70 acre lot. Features: 62 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $2,895,000.
In February 2025 more than 8 listings in Wilson, NC were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 27 were sold below. In February 2025 in Wilson, NC there were 7.5% more homes for sale than in January. In February 2025 median list price was $251,714 and the average listing age was 65 days.