4001 Cobblestone Drive , O-3

Description

Investor opportunity in the established Cobblestone townhome community in Greenville! This well-maintained 2-bedroom, 1.5-bath townhome delivers 1,071 heated square feet of comfortable living space across two stories. The main level features an open layout with a cozy direct vent fireplace, perfect for the cooler months, along with a convenient half bath, dedicated laundry room, and utility closet. Step outside to your own private fenced patio -- ideal for relaxing or entertaining. The upper level offers two spacious bedrooms sharing a full bathroom. Built in 2007, this home has been well cared for and is in solid overall condition. Key features include a heat pump with central air conditioning, low-maintenance vinyl siding exterior, and spread footing foundation. The unit also includes a finished open porch, finished storage area, and a generous 177 sq ft fenced patio area. The Cobblestone community is ideally situated in Greenville with easy access to East Carolina University, Vidant Medical Center, shopping, dining, and major transportation routes. This is a proven rental location with strong tenant demand driven by the university and medical community. The property is currently tenant-occupied subject to an existing month-to-month lease, providing immediate rental income from day one with no vacancy gap at closing. This is a turnkey investment requiring no renovation or tenant placement -- simply close and start collecting rent. The month-to-month lease structure also gives a new owner maximum flexibility to adjust rental terms, increase rent to market rates, or transition to owner occupancy with proper notice. Pitt County tax assessed value is $143,612 with annual property taxes of approximately $1,525, keeping carrying costs manageable for investors. The Cobblestone community has demonstrated consistent resale values with recent comparable sales in the subdivision supporting strong price stability. Property is sold as-is. All showings require a minimum of 24-hour advance notice to the tenant. Do not disturb tenant. Contact listing agent to schedule.