GLENWOOD SOUTH AREA QUAD

Price:

$595,000

Status:

Under Contract

Address:

708 Devereux St, Raleigh, NC 27605, USA

Overview:

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 Information

UnitTypeSizeLeaseRent
A1 BD/1 BA740 SF5/31/19$915
B1 BD/1 BA570 SF5/31/19$995
C1 BD/1 BA785 SF5/31/19$815
D 1 BD/1 BA744 SF5/31/19$1,035
TOTAL 2,839 SF $3,760

Property Information

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 Owner Financing NONE
Utilities OWNER PAYS WATER Appliances RANGE, REFRIGERATOR, LAUNDRY ON-SITE
Legal Description LO5 & PT LT 4 METHODIST ORPH PROP Zoning R-10 (HISTORIC OVERLAY DISTRICT)