603 Hugh Street

Exceptional Investment Opportunity - Individual Home or 10-Property Portfolio A rare opportunity to acquire a fully renovated brick ranch home—available individually for $115,000 or as part of a 10-home portfolio totaling $1,100,000, all located on the same street. This offering provides flexibility for owner-occupants, small investors, or institutional buyers seeking an efficient, scalable rental portfolio. Built in 1956, each 2-bedroom, 1-bath residence (~700 sq ft) has undergone extensive renovations, including new electrical, plumbing, HVAC systems, kitchens, bathrooms, laundry closets, windows, and entry doors. Improvements also include structural upgrades per engineer recommendations, new insulation, vapor barriers, and LVP flooring throughout. HVAC systems consist of mini-splits and central systems, and roofs were replaced in 2020. All work was completed by licensed contractors under a General Contractor, with permits pulled, inspections completed, and Certificates of Occupancy issued. Renovation and permit documentation is available through the co-listing agent. Seven homes are currently tenant-occupied, providing immediate income. Three homes are in advanced stages of renovation, with rough-ins completed and finishes underway, offering near-term stabilization and value-add upside. Once fully completed and leased at market rates, the projected gross monthly rent across all ten homes is approximately $11,000. With all properties located on a single street, this portfolio offers operational efficiency, simplified management, and low-maintenance ownership, ideal for both local and remote investors. Located in Goldsboro, NC, the homes benefit from strong rental demand and stable market fundamentals, supporting consistent cash flow today with future rent growth potential. Purchase one, multiple homes, or the entire portfolio—investment options are open.