SOLD FOR $6,150,000 IN 12/30/2005
This is a two-property package located in Raleigh’s “Mini-City” district, just off of Capital Blvd. in amongst the rapid retail and residential growth of North Raleigh. This is in a great location with a very good rental history. One property has 72 units and the other 56.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 3207 GREENCASTLE | 2 BD / 1.5 BA | 920 SF | $625 (MKT) |
| 4204 GREENCASTLE | 2 BD / 2 BA | 1,093 SF | $650 (MKT) |
| PIN | 1726000192 |
| Tax Value | $1,243,362 |
| Taxes | $12,981 |
| Lot Size | 13 ACRES |
| Year Built | 1979 |
| Exterior | BRICK, WOOD |
| Floors | CARPET, VINYL |
| Foundation | CRAWL |
| HVAC | HEAT PUMPS |
| Utilities | PAID BY TENANTS |
| Legal Description | LO6 GREENCASTLE SUB SEI |
| Appliances | RANGE, REFRIGERATOR, W/D HOOKUPS, DISHWASHER |
| Sold Date | 2005-12-30 |
| Zoning | R-15 |
Agent Information Steve Deaton