This property is being sold through a finance-friendly auction, which will accept all types of traditional financing options and is being sold AS -IS, Where -Is, subject to seller confirmation. The list price is the opening bid and does not reflect the final sale price. For all terms and conditions and registration, please visit the virtual auction bidding platform at www.dudleyresources.com. Online auction will end on October 28th and 2 PM. There is a 10% buyer's premium associated with this sale. Seller is considering pre-auction offers A truly unique dual-income estate offering both charm and cash flow. This two-parcel property includes a beautifully restored 4-bedroom farmhouse (176 Perkins Rd) and an adjacent 24-unit storage facility (166 Perkins Rd), producing approximately $36,660/year in gross income. Ideal for a family seeking supplemental income, a live/work setup, or an investor expanding their portfolio, this offering blends historic craftsmanship with modern comfort — and an immediate return on investment. Main Residence – 176 Perkins Rd Blending historic charm with modern comfort, this beautifully restored 4-bedroom, 2-bath farmhouse (approx. 2,282 sq. ft.) offers timeless craftsmanship and thoughtful updates throughout. Originally built in the 1800s, the Perkins Farmhouse showcases restored heart-pine floors, four gas fireplaces, upgraded trim, and fresh designer paint. The gourmet kitchen features a gas range, separate wall oven/microwave combo, quartz island, granite countertops, farmhouse sink, subway tile backsplash, and double pantry—paired with newer stainless steel appliances. Designed for convenience, the main level includes two bedrooms, including a spacious ensuite primary with walk-in closet and custom-tiled shower, while two additional bedrooms upstairs provide flexible living or office space. Modern upgrades include a new 200-amp electrical panel, updated wiring and plumbing, Rinnai tankless water heater, new septic line, and a fully restored metal roof—ensuring comfort, efficiency, and lasting quality in every detail. 26 Unit Storage Facility : 26 Storage Units: The facility contains 25 drive-up units in high demand. The unit mix includes 13 units of 10×10 ft, 11 units of 10×20 ft, and 2 units of 10×30 ft, catering to a variety of storage needs. The solid metal construction spans ~3,600 sq ft of rentable space, with a gravel driveway for easy customer access. Strong Income Stream: The storage units generate approximately $36,660 in gross annual income, providing a steady cash flow. After minimal operating expenses, the net operating income (NOI) is about $23,800 per year – an attractive return on investment from day one. Valuation Upside: Based on typical investment cap rates (8–11% in the self-storage industry), this storage business alone is valued in the ballpark of $216,000–$340,000. In other words, a significant portion of the asking price is supported by a proven income-producing asset. Low Maintenance & Expansion Potential: The facility is easy to manage with minimal overhead – no on-site staff required, and upkeep is straightforward. Zoning allows continued self-storage use, and savvy buyers could explore value-add opportunities such as installing a secure gate, adding security cameras, or implementing online rental management to potentially increase income further. There’s room on the parcel for possible expansion of additional units or even vehicle/boat storage, should you wish to grow the business Interior Highlights 4 spacious bedrooms / 2 custom-tiled baths with spa-inspired showers Restored heartwood pine floors and four gas fireplaces -add timeless warmth Upgraded trim, new paint, and modern lighting throughout Gourmet kitchen featuring a gas cooktop/oven, separate electric wall oven & microwave combo, quartz-topped island, granite counters, farmhouse sink, and pot filler Double pantry with abundant storage for a chef’s kitchen Two first-floor bedrooms, including a private ensuite master with walk-in closet Tankless Rinnai hot water heater, updated electrical (200-amp), new wiring and plumbing, new septic line, and a restored metal roof for long-term peace of mind Updated, rust proof , metal roof Screened-in Rear outdoor deck This home is truly move-in ready, with nearly 70% rebuilt and modernized while preserving its farmhouse soul. Outdoor Living & Entertaining Designed for both relaxation and entertaining, the outdoor spaces are equally impressive: Vintage-style outdoor kitchen (approx. 20’x35’) with built-in grill, griddle, side burner, refrigerator, and butcher block counters — perfect for cookouts or events Patio, walkway, and custom firepit area surrounded by lush landscaping and a fenced yard Barn with electric, water, and gas already in place — ideal for a workshop, hobby space, or potential event venue conversion Mature fruit and nut trees, grape vines, blueberry and blackberry bushes, and a manicured lawn complete the tranquil country setting The property also includes a detached garage, salt barn and tool shed for storage or workspace flexibility. Income-Producing Second Parcel – 166 Perkins Rd Next door, the 26-unit storage facility offers immediate income and future potential. 12 units (10x10) rent for $85/month 10 units (10x20) rent for $150/month 2 units (10x30) rent for $225/month Total gross income ˜ $36,660 annually, with minimal maintenance and strong local demand for storage. This asset provides an estimated cap rate between 9–10%, offering both steady cash flow and upside potential. Investment Highlights Dual-income opportunity: Residence + storage facility on separate parcels Turnkey upgrades: Modern systems, renovated interiors, restored roof, and premium finishes Outdoor entertaining paradise: Custom kitchen, firepit, barn, fenced yard, and mature landscaping Expansion or event potential: Barn ready for conversion Strong income & flexibility: Live onsite while your investment generates passive cash flow Prime location: Just minutes from downtown Goldsboro, major highways, shopping, and top-rated schools