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North Raleigh Triplex

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$259,900.00

This listing is sold "AS IS"

Address

6709 Glendower Road
Raleigh, NC 27613

Overview

SOLD 5/22/09 FOR $244,000

This well-maintained triplex is located in a great North Raleigh neighborhood off Lynn Road. Rents are well below market and can be adjusted quickly as all tenants are on month-to-month leases.

  • New heat pump for unit 'B' in '08
  • Plumbing completely replaced 03/07
  • Very attractive floorplans
  • Priced below comps due to low rents

Link to Tax Records


Unit Information

UnitSizeTypeCurrent RentLeaseMarket Rent
A 1152 SF 2 BD/2.5 BA $550 M-M (9 years) $750
B 1152 SF 2 BD/2.5 BA $550 M-M (3 years) $725
C 1152 SF 2 BD/2.5 BA $700 9/30/09 $750
TOTAL 3456 SF $1,800 $2,225

Property Information

PIN
0787628502
Tax Value
$277,497
Taxes
$2,437.60
Lot Size
.50 ACRES
Year Built
1983
Exterior
MASONITE
Floors
CARPET, VINYL
Foundation
CRAWL
HVAC
HEAT PUMP
Owner Financing
MAY CONSIDER SMALL 2ND
Utilities
PAID BY TENANT
Appliances
RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Legal Description
LO7 PICKWICK VLG MP 2 SE3 BM1981-504
Zoning
R-6