3 RENTAL DOORS FOR UNDER $35,000 – SCOTLAND NECK, NC
ASKING $34,900 CASH – PACKAGE DEAL
VALUE-ADD | HEAVY REHAB | AS-IS
If you’re hunting for cheap doors with real upside, this is the kind of deal that doesn’t sit long.
This package includes three total units in Scotland Neck, NC:
- A true duplex (2 units) on Roanoke St
- A single-family home (1 unit) on E 10th St
That’s 3 doors for under $35K—a price point that’s getting harder and harder to find, even in rural markets.
THE OPPORTUNITY
These properties are not pretty, but they’re salvageable and rentable with the right rehab. Perfect for investors who know how to turn sweat equity into cash flow.
-
- Vacant and ready for renovation
- Heavy cosmetic + systems rehab
- Existing layouts in place
- No teardown indicators
This is a real value-add play, not a lipstick flip.
ASSET BREAKDOWN
Duplex – Roanoke St
- True duplex configuration
- 1 bed / 1 bath per unit (2 doors)
- Strong demand for small rentals
- Ideal for buy-and-hold or BRRRR investors
Single-Family Home – E 10th St
- Separate parcel
- 1 additional door
- Rehab and rent, flip, or sell post-reno
Three doors. Multiple exit strategies. One low price.
WHY THE NUMBERS WORK
Recent nearby activity supports the upside:
SOLD COMPS (Within ~0.2–0.7 Miles)
- Roanoke St – 2 Bed / 1 Bath | ~900 SF
Sold for ~$25,000 (fixer condition) - Downing Dr – 3 Bed / 1.5 Bath | ~1,300 SF
Sold for ~$95,500 (average condition)
ACTIVE / RETAIL-READY HOMES
- Nearby 2–3 bed homes commonly list $80K–$110K+
RENTAL UPSIDE (Buyer to Verify)
- Small units renting $650–$750/month
- Duplex alone can gross $1,300–$1,500/month
Translation: With the right rehab, this package can cash flow or refi strong relative to basis.
LOCATION BONUS
Scotland Neck offers a quiet, small-town environment with access to a popular bird and wildlife sanctuary, walking trails, and outdoor attractions. That lifestyle appeal helps support long-term tenancy and stable demand for rentals.
WHO THIS IS FOR
- Cash buyers
- Landlords with crews
- BRRRR investors
- Section 8 / workforce housing operators (buyer to verify)
If you need turnkey—this isn’t it.
If you want cheap doors and upside—pay attention.
IMPORTANT NOTES
- Cash only
- Sold AS-IS, WHERE-IS
- No seller repairs or warranties
- Buyer to verify all details (units, zoning, rents, condition, ARV)
WANT IN?
Deals like this don’t last once the right buyers see them.
Email for photos, parcel info, and next steps:
jdrealestategroup@yahoo.com
Serious inquiries only. First clean offer wins.