SOLD 10/16/17 FOR $735,000
price included $15,000 in repair credits and $5,000 in closing credits from the seller
Located close to NC State in West Raleigh, this property benefits from strong rental demand and large, 2 BD/2.5 BA floor plans. Five of the units have renovated interiors. The building exterior is mostly brick and the systems are all electric. Five of the six units are currently rented with an opportunity to raise rents to market as leases expire.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 6 UNITS | 2 BD / 2.5 BA | 1200 SF | $1055 AVG ($1200 MKT) |
| PIN | 0793099472 |
| Tax Value | $615,277 |
| Taxes | $6,520.72 |
| Lot Size | .60 ACRES |
| Year Built | 1991 |
| Exterior | BRICK, MASONITE |
| Floors | CARPET, VINYL, LVT |
| Foundation | CRAWL |
| HVAC | CENTRAL AIR, HEAT PUMP |
| Utilities | OWNER PAYS AREA LIGHT AND STORMWATER |
| Legal Description | LO9 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2017-10-16 |
| Zoning | R-10 |
Agent Information Steve Deaton