SOLD 12/6/18 FOR $595,000.
Price includes $5,000 in seller paid closing costs.
Located one block north of Peace Street, this quadraplex is in Downtown Raleigh’s vibrant Glenwood South District. The property is fully-leased and features attractive one-bedroom floorplans with off-street parking in the rear. Rental rates in this submarket have historically outpaced other areas and the location is attractive to a wide range of tenants.
| Unit | Type | Size | Rent |
|---|---|---|---|
| A | 1 BD/1 BA | 740 SF | $915 |
| B | 1 BD/1 BA | 570 SF | $995 |
| C | 1 BD/1 BA | 785 SF | $815 |
| D | 1 BD/1 BA | 744 SF | $1,035 |
| TOTAL | 2,839 SF | $3,760 |
| PIN | 1704420783 |
| Tax Value | $424,703 |
| Taxes | $4,720.31 |
| Lot Size | .20 ACRES |
| Year Built | 1915 |
| Exterior | WOOD |
| Floors | CARPET, TILE, LVT |
| Foundation | CRAWL |
| HVAC | WINDOW A/C, GAS WALL FURNACE |
| Utilities | OWNER PAYS WATER |
| Legal Description | LO5 & PT LT 4 METHODIST ORPH PROP |
| Appliances | RANGE, REFRIGERATOR, LAUNDRY ON-SITE |
| Sold Date | 2018-12-06 |
| Zoning | R-10 (HISTORIC OVERLAY DISTRICT) |
Agent Information Thomas T Furlow