514 and 520 Cascade Ave are 2 buildings totaling 12 units in Rocky Mount, NC that share an asphalt parking lot | Vacant units are rent-ready | All units are 2-bed/1-bath with ceiling register Mini-Splits | Electricity is individually metered and paid by tenants directly to the provider, and water is on a common meter and usage is billed to tenants by owner | Note: 514 F has a small area of damage floor in front of the sink | Eight units are currently occupied and four are vacant, offering a buyer upside at full market rent. | Current rents range from $750-850 Please also see the listing for the 10 units at 1600 Betz/701 Nelson which is only 1 block away and can be sold with this property as a 22 unit package
| MLS # | 10191877 |
|---|---|
| Listing Type | For Lease |
| Style | Apartment |
| Status | Active |
| Year | 1976 |
| Days On Site | 66 |
| Listing Provided By | Braddock Realty | Ben Braddock |
| SQ Feet | 8,641 |
|---|---|
| Acreage | 0.87 |
| Construction Materials | Brick |
|---|
| Tax Assessed Value | 471210 |
|---|---|
| Tax Legal Description | 93 2 6, 5 Lt, 23 Thru 27 Blk E Hunter Lt 1C 23 To 27 Blk E Hun |
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | Nash |
| City | Rocky Mount |
| Zip Code | 27803 |
| Area | Nash |
| Listing VS Median (in 27803) | |
Price: $942,000 low | high Med: $239,550 sqft: 8,641 low | high Med: 1,815 $ / sqft: $109 low | high Med: $132 On site: 66 low | high Med: 51 | |
| State | NC |
|---|---|
| County | Nash |
| City | Rocky Mount |
| Zip Code | 27803 |
| Area | Nash |
| Listing VS Median (in 27803) | |
Price: $942,000 low | high Med: $239,550 sqft: 8,641 low | high Med: 1,815 $ / sqft: $109 low | high Med: $132 On site: 66 low | high Med: 51 | |