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Fully-Leased Raleigh Duplex

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Fully-Leased Raleigh Duplex

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$125,000.00

This listing is sold "AS IS"

Address

229/231 Colleton Road
Raleigh, NC 27610

Overview

SOLD ON 10/30/07 FOR $120,000

Convenient to Downtown Raleigh, this duplex in East Raleigh offers good cash flow in an improving submarket.

All brick exterior
Fully-leased
Significant renovations done in 2005
Well maintained

Link to Tax Records

Unit Information

Unit	Size	Type	Lease	Rent
229	972 SF	2 BD/1 BA	7/31/08	$550
231	972 SF	2 BD/1 BA	1/31/08	$550
TOTAL	1,944 SF			$1,100

Property Information

PIN: 1714408218

Year Built: 1950

Tax Value: $70,945

Taxes: $798.40

Zoning: R-10

Lot Size: .31 ACRES

Utilities: OWNER PAYS WATER (APRX. $50/MO)

Exterior: BRICK

Foundation: CRAWL

Floors: HARDWOOD, VINYL

HVAC: 229 - GAS PACK, 231 - WINDOW A/C, GAS FORCED AIR

Appliances: RANGE, REFRIGERATOR, STACKABLE W/D

Legal Description: LO2 LONGVIEW PARK BLB BLDLT