714 Hines Street W Wilson, NC 27893
MULTI_FAMILY - Wilson, NC
Property Features for 714 Hines Street W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GR6
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3
- Parking features
- Off Street
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 3722-02-0634.000
- Size
- 1,673 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 714 HINES ST W 1.00LT
- Tax Annual Amount
- 799
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick Veneer, Wood Frame
- Roof type
- Composition, Shingle
Listing agent Adam Chesson License #230531 (252) 230-9555
Listing office Chesson Realty 2403 W Nash St, Wilson, NC (252) 291-3600
Listing date Apr 29, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 714 Hines Street W in Wilson, North Carolina. The lot size is listed at 0.17 acres. The listing notes that 24-hour notice is required to schedule showings.
From an investor or owner-operator standpoint, this asset offers a simple two-unit structure with existing tenants in place. The 1BR unit is currently rented at $455 per month, and the 2BR unit is currently rented at $675 per month. Both sides are described as being rented, with the 1BR tenant noted as having nearly 10 years in place. For qualified buyers, this creates an opportunity to acquire a functioning duplex with current rental income rather than starting from vacancy.
Key Highlights
- Duplex with both units currently rented: 714 (1BR/1BA) and 716 (2BR/1BA)
- 714 Unit rent is $455/month; long‑term tenant nearly 10 years (rent does not reflect current market value)
- 716 Unit rent is $675/month; 2BR/1BA configuration
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.1k | $12.60 |
| − Vacancy | −$1.6k | −$0.95 |
| EGI | $19.5k | $11.66 |
| − OpEx | −$5.8k | −$3.50 |
| NOI | $13.6k | $8.16 |
