Brooks Avenue Apartment Building
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$399,000.00
Address
125 Brooks AvenueRaleigh, NC 27607
Overview
SOLD 5/29/09 IN PACKAGE WITH 123 BROOKS FOR $800,000
Assigned price for 125 Brooks was $375,000
This brick home has four apartments and a fifth unit out back in the converted garage. The property is located one block from Hillsborough Street and within walking distance to NC State University and Cameron Village.
- Adjacent property at 123 Brooks also available, same owner
- Beautiful brick building, rew roof 2006
- Large lot in a great location
- Five 1 BD/1 BA apartments, fully-leased
- Potential for single family conversion
Unit Information
| Unit | Size | Type | Lease | Rent |
|---|---|---|---|---|
| 125-A | 510 SF | 1 BD/1 BA | M-M (3+ years) | $675 |
| 125-B | 500 SF | 1 BD/1 BA | M-M | $695 |
| 125-C | 550 SF | 1 BD/1 BA | 7/31/09 | $695 |
| 125-D | 520 SF | 1 BD/1 BA | M-M (5+ years) | $575 |
| 125-E (GARAGE) | 499 SF | 1 BR/1 BA | M-M (3+ years) | $675 |
| TOTAL | $3,315 |
Property Information
- PIN
- 0794627898
- Tax Value
- $343,778
- Taxes
- $3,219.78
- Lot Size
- .43 ACRES
- Year Built
- 1928
- Exterior
- BRICK
- Floors
- HARDWOOD, TILE, VINYL, CARPET
- Foundation
- CRAWL
- HVAC
- GAS BOILER, WINDOW A/C
- Owner Financing
- NONE
- Utilities
- OWNER PAYS GAS (APRX. $240/MO) WATER (APRX. $90/MO), AND ELECTRIC (APRX. $307/MO)
- Appliances
- RANGE, REFRIGERATOR, WASHER/DRYER
- Legal Description
- LO9
- Zoning
- SP R-6