306 W Pine St

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306 W Pine St

Goldsboro, NC 27530
Asking Price
$950K
Asset Type
Multifamily
Class
Class B

What's Special

306 W Pine St is located in the central district of Goldsboro, North Carolina, within a residential neighborhood characterized by a mix of historic architecture and established single-family homes. The property is situated blocks from the downtown core, providing pedestrian access to local government offices, retail shops, and dining establishments on Center Street. It is positioned near major local thoroughfares, including U.S. Route 13 and U.S. Route 70, facilitating regional connectivity. Public transportation is accessible via nearby bus routes serving the Wayne County area. The asset is suited for multifamily redevelopment or long-term rental management. Its proximity to downtown employment centers and Seymour Johnson Air Force Base makes it a functional location for service-sector employees, military personnel, and local professionals. The layout is optimized for tenants seeking a compact urban living environment with close proximity to community services and central business facilities. The property offers a baseline for consistent occupancy within the Goldsboro rental market.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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