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Four Units in Cary - Redevelopment Potential

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$329,900.00

This listing is sold "AS IS"

Address

820 Old Apex Road
Cary, NC 27622

Overview

SOLD 6/10/10 FOR $317,500

These two duplexes sit on adjacent parcels just one mile from downtown Cary. All four units are leased and the interiors are in excellent condition. The 1.29 acres of land may also present a redevelopment opportunity as the zoning allows for commercial uses or additional residential units. All four units share a sewer lift station.

  • Fully leased, well maintained
  • Brick and vinyl exteriors
  • Redevelopment options - Permitted uses

Link to 820 Tax Records
Link to 824 Tax Records

Additional Information:


Unit Information

UnitSizeTypeLeaseRent
820 1137 SF 2 BD/1.5 BA 4/30/11 $600
822 1137 SF 2 BD/1.5 BA M/M $650
824 1137 SF 2 BD/1.5 BA M/M $650
826 1137 SF 2 BD/1.5 BA 3/31/11 $610
TOTAL 4548 SF $2,510

Property Information

PIN
0754904582/0754903553
Tax Value
$414,308
Taxes
$3,659.62
Lot Size
1.29 ACRES
Year Built
1980
Exterior
BRICK, VINYL
Floors
CARPET, VINYL
Foundation
CRAWL
HVAC
HEAT PUMP
Owner Financing
NONE
Utilities
PAID BY TENANT
Appliances
RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Legal Description
LO5B/5A OF CARY CONSTR CO
Zoning
R-12/20, OFC/INST

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