11 UNIT APARTMENT BUILDING IN DOWNTOWN RALEIGH

PRICE:
$ 1,100,000
STATUS:
Sold
ADDRESS:
200 E Edenton St, Raleigh, NC 27601, USA
OVERVIEW:

SOLD 8/26/16 FOR $1,100,000. 

Included $12,000 repair concession.

Iconic 11 Unit Apartment Building in Downtown Raleigh consisting of Six Two-Bedroom and Five One-Bedroom Apartments.  Four levels.  Huge balconies.  Many potential opportunities.  Renovate and raise rents, convert to owner occupied units  or completely re-develop.  Located across the street from the NC Bar Association and Christ Episcopal Church.

Owner pays water and gas.  Building is heated by central gas boiler.

UNIT INFORMATION
Unit Type Size Rent
#1 2 BR / 1 BA 1,168 SF APX $775/MO
#2 2 BR / 1 BA 1,168 SF APX $675/MO
#3 2 BR / 1 BA 1,168 SF APX $775/MO
#4 2 BR / 1 BA 1,168 SF APX $725/MO
#5 2 BR / 1 BA 648 SF APX $750/MO
#6 1 BR / 1 BA 420 SF APX $475/MO
#7 1 BR / 1 BA 420 SF APX $550/MO
#8 2 BR / 1 BA 648 SF APX 0
BSMT 10 1 BR / 1 BA 598 SF APX $550/MO
BSMT 11 1 BR / 1 BA 697 SF APX $475/MO
BSMT 9 1 BR / 1 BA 655 SF APX $450/MO
COMMON AREA 1450 SF APX
TOTAL 10,208 SF $6,200/MO
PROPERTY INFORMATION
PIN 1703799324
Tax Value $753,806.00
Taxes $8,373.92
Lot Size .17 ACRES
Year Built 1924
Exterior BRICK
Floors HARDWOOD/VINYL/TILE
Foundation SLAB/BASEMENT
HVAC GAS BOILER/WINDOW AC
Utilities GAS AND WATER PAID BY OWNER
Legal Description LOT A BM 1920-41
Appliances REF/RANGE
Sold Date 2016-08-26
Zoning DX-4-UG

Location Map

11 UNIT APARTMENT BUILDING IN DOWNTOWN RALEIGH
Address: 200 E Edenton St, Raleigh, NC 27601, USA Price: $ 1,100,000 Unit: 11