105 NOEL ANN CT – CARY DUPLEX

PRICE:
$ 450,000
STATUS:
Sold
ADDRESS:
105 Noel Ann Ct, Cary, NC 27511, USA
OVERVIEW:

SOLD 6/2/2023 FOR $385,000
$192,500 per unit 

This duplex, offers a true value-add opportunity in a highly-desirable location that is close in proximity to multiple retail (including Cross Roads Shopping Center), entertainment, employment centers, US-1, and Downtown Raleigh. Built in 1983, the property features townhome-style units with identical two-bedroom, one-and-a-half bathroom floor plans. The property’s most recent residents have occupied the property for over ten years. Currently, the property has one occupied unit on a month-to-month lease and one vacant unit. Current asking rents at neighboring apartment complexes suggest that this duplex could achieve rents of $1,500+ per-unit through strategic improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
105 2BD/1.5BA 1,067 SF $725 (CURRENT)
107 2BD/1.5BA 1,067 SF $1,500 (MARKET)
2 UNITS TOTAL 2,134 SF
PROPERTY INFORMATION
PIN 0773547197
Tax Value $261,820
Taxes $2,565.25
Lot Size .34 ACRES
Year Built 1983
Exterior BRICK, MASONITE
Floors CARPET, VINYL
Foundation CRAWL
HVAC CENTRAL A/C, HEAT PUMP
Utilities TENANTS PAY UTILITIES
Legal Description LO27 HICKORY RIDGE SUB SE2
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Sold Date 2023-06-02
Zoning RMF

Location Map

105 NOEL ANN CT – CARY DUPLEX
Address: 105 Noel Ann Ct, Cary, NC 27511, USA Price: $ 450,000 Unit: 2