12 UNITS IN GARNER

PRICE:
$ 825,000
STATUS:
Sold
ADDRESS:
1400 Creech Rd, Garner, NC 27529, USA
OVERVIEW:

SOLD 7/10/19 FOR $765,000

These twelve units are four miles from Downtown Raleigh and just over three miles from the new Amazon Distribution Center in Garner. The property features ten, two-bedroom apartments and two, one-bedroom apartments. Eleven units are in the front building and there is detached building in the rear which is a one-bedroom (unit #12). Built in 1960, the property could achieve higher rents through strategic renovations and capital improvements. Situated on 1.6 acres and surrounded by multiple new developments, this property could also offer redevelopment opportunities.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
1 1 BD/1 BA 650 SF $500
2 2 BD/1 BA 765 SF $500
3 2 BD/1 BA 765 SF $500
4 2 BD/1 BA 765 SF $750
5 2 BD/1 BA 765 SF $525
6 2 BD/1 BA 765 SF $535
7 2 BD/1 BA 765 SF $760
8 2 BD/1 BA 765 SF $550
9 2 BD/1 BA 765 SF $750
10 2 BD/1 BA 765 SF $550
11 2 BD/1 BA 765 SF $550
12 1 BD/1 BA 480 SF $600
TOTAL 8,780 SF $7,070
PROPERTY INFORMATION
PIN 1711896669
Tax Value $564,046
Taxes $4,472.60
Lot Size 1.64 ACRES
Year Built 1960
Exterior BRICK, BLOCK
Floors TILE, CARPET
Foundation SLAB
HVAC WINDOW A/C, HEAT IS BASEBOARD, WALL OR RADIANT
Utilities OWNER PAYS WATER AND DUMPSTER (APPROX. $800/MO)
Legal Description C L KELLEY SB LTS144-158 INC PT L159-160
Appliances RANGE, REFRIGERATOR
Sold Date 2019-07-10
Zoning MF-1

Location Map

12 UNITS IN GARNER
Address: 1400 Creech Rd, Garner, NC 27529, USA Price: $ 825,000 Unit: