Large Multifamily Home on Brooks Avenue
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$475,000.00
Address
123 Brooks AvenueRaleigh, NC 27607
Overview
SOLD 5/29/09 AS A PACKAGE WITH 123 BROOKS FOR $800,000
Assigned value for 123 Brooks was $425,000
This beautiful, brick home consists of two units with a third unit over the garage in the back. Located one block from Hillsborough Street and within walking distance to NC State University and Cameron Village, these apartments are always in high demand.
- Adjacent property at 125 Brooks available, same owner
- Large, beautiful, well-built structure
- Fully-leased, great location
- Well suited for conversion to single-family
- New roof in 2006
Unit Information
| Unit | Size | Type | Lease | Rent |
|---|---|---|---|---|
| 123 1/2 | 600 SF | 1 BD/1 BA | M-M (6+ years) | $700 |
| 123-A | 3,196 SF | 6 BD/4 BA | 4/30/10 | $2,200 |
| 123-B | 500 SF | 1 BD/1 BA | 7/31/09 | $695 |
| TOTAL | $3,595 |
Property Information
- PIN
- 0794627891
- Tax Value
- $351,885
- Taxes
- $3,253.36
- Lot Size
- .42 ACRES
- Year Built
- 1928
- Exterior
- BRICK, (GARAGE IS WOOD)
- Floors
- HARDWOOD, TILE, CARPET, VINYL
- Foundation
- BASEMENT, (SLAB FOR GARAGE)
- HVAC
- GAS BOILER, WINDOW A/C
- Owner Financing
- NONE
- Utilities
- OWNER PAYS WATER (APRX. $35/MO) AND ELECTRIC (APRX. $220/MO)
- Appliances
- RANGE, REFRIGERATOR, WASHER/DRYER
- Legal Description
- BROOKS AVE
- Zoning
- SP R-6