c.1923 Four Bedroom Fixer Upper in North Carolina Under $55K

$54,900

c.1923 fixer upper in North Carolina. The exterior has a decent appearance for the money, it does have hardwood floors, lovely staircase and an old farm sink.

Porch featured at 605 Rhem St, Kinston, NC, 28501

Realtor Comments

High-potential investor opportunity. Motivated seller. This 4-bedroom, 1.5-bath property presents a strong value-add opportunity for investors seeking their next project in a growing area. Conveniently located near downtown Kinston and local amenities. the home presents an opportunity to improve and maximize returns. Bring your vision and capitalize on the upside.

4bed
1.5bath
Circa 1923

More North Carolina Properties

Living Room featured at 605 Rhem St, Kinston, NC, 28501

605 Rhem St, Kinston, NC 28501 $54,900

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Mayra Mendoza Munguia

Brokered by CENTURY 21 Triangle Group

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Niche

Living Room featured at 605 Rhem St, Kinston, NC, 28501

Pros

More affordable than many larger NC cities: Housing and everyday costs are often lower than places like Raleigh, Durham, or coastal tourist areas.
Close to multiple areas: Kinston is in eastern NC—generally an easier drive to things around the region than living deep in more isolated areas.
Smaller-town feel / community vibe: Many residents report a more local, familiar atmosphere compared with bigger metro areas.
Access to services and highways: You’re not far from bigger supply centers in the region, and the area is connected for road trips.
Outdoor and water recreation nearby: Eastern NC offers fishing, boating, parks, and easy access to nature (especially if you’re willing to drive a bit).

Cons

Job market may be more limited: Depending on your field, you might have fewer high-paying opportunities locally and may need commuting or relocation.
Weather risks: The region can be affected by hurricanes/tropical storms and heavy rain; flooding can be an issue in some neighborhoods.
Higher likelihood you’ll drive for “big city” shopping/entertainment: If you want frequent nightlife, major retail, or big events, you may travel to larger nearby metros.
Public infrastructure and neighborhood variation: Like many places, different parts of town can vary a lot in condition, safety, and amenities.
Schools and amenities depend on the specific area: School quality and nearby conveniences can vary, so it’s worth doing a targeted check before choosing a neighborhood.