$751,100
$775,100
3.1%For more information regarding the value of a property, please contact us for a free consultation.
9,426 SqFt
SOLD DATE : 01/09/2026
Key Details
Sold Price $751,100
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,426 sqft
Price per Sqft $79
Subdivision Summerfield Gardens
MLS Listing ID 100537938
Sold Date 01/09/26
Style Wood Frame
Year Built 1987
Lot Size 0.870 Acres
Acres 0.87
Lot Dimensions Front 129' x Left 328' x Rear 113' x Right 328'
Property Sub-Type Multi Family
Source Hive MLS
Property Description
705 Peed Dr is located in Summerfield Gardens in Greenville NC. This is a multi-family community in a great location - across from Parkers #1 off Memorial Dr. This is close proximity to dining and retail shopping and just 5 minutes to the hospital This building consist of 12 one bedroom/one bath apartments and 4 two bedroom/one bath apartments. Present rents are $550/month for one bedrooms and $650/month for 2 bedrooms(both are under market with room to increase). No large capital improvements are needed at this time. This property has a 94% occupancy rate- with a waiting list.
Location
State NC
County Pitt
Community Summerfield Gardens
Zoning R6
Direction Leaving the Cracker Barrel intersection heading north on Memorial Dr- turn left on Peed Dr- building will be on your left.
Rooms
Basement None
Interior
Heating Baseboard, Electric, Heat Pump
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Exterior
Parking Features Public, Parking Lot, Asphalt, Lighted, Paved
Utilities Available Electricity Connected
Roof Type Composition
Building
Lot Description Level
Foundation Slab
Water Public, Public2
New Construction No
Others
Tax ID 46761
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with A Non Member