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421 Vine Street, Eden, NC 27288

$220,000

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Sold Price: $220,000
List Price: $250,000
Closing Date: Jun 12, 2026
MLS#: 1205469
Status: CLOSED
Type: Multifamily
Subtype: Rooming House
Lot Size: 25,700

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Property Description

* PRICE IMPROVEMENT - BRING ALL OFFERS!* Investor special with strong value-add potential! 17-bedroom, 13-bathroom rooming house offering excellent upside for buy-and-hold or reposition investors. Large footprint allows for multiple income strategies including room rentals, workforce housing, or group living. Property requires updates and is priced accordingly, creating an opportunity to force appreciation and increase cash flow. High demand for affordable housing in the area supports long-term rental potential. Sold AS-IS. Cash or renovation financing preferred. Buyer to verify zoning, room count, and permitted use. Ideal for experienced investors seeking scale, upside, and strong ROI.

336.552.7001

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Additional Information

Acres: 0.59
Appliances: Electric Water Heater
Cooling Type: Central Air
Heating: Baseboard, Heat Pump, See Remarks
Heating Fuel: Remarks
Lot Size: 25,700
Parking: Driveway
Sewer: Public Sewer
Show Street Address: Yes
Water: Public
Water Heater: Electric
Year Built: 1920