TWO RENTAL HOUSES & A VACANT LOT NEAR NCSU

PRICE:
$ 375,000
STATUS:
Sold
ADDRESS:
1128 Gorman St, Raleigh, NC 27606, USA
OVERVIEW:

SOLD 2/8/18 FOR $400,000

This offering includes two single-family rental homes and a vacant lot, directly across from the McKimmon Center at NC State University. 1128 Gorman is a 1910 SF, 2-bedroom and 1.5-bath home that rents for $1700/mo. The house has a second living room that currently functions as a third bedroom, but does not have closet. 1132 Gorman is a 1071 SF, 3-bedroom and 1-bath home that rents for $1100/mo. Between these two houses is a vacant lot at 1130 Gorman. Combined, the three parcels represent a total of .83 acres with a zoning of RX-3. The properties offer several rental investment and redevelopment opportunities.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
1128 2 BD/1.5 BA 1,910 SF $1,700
1130 VACANT LOT .19 ACRES N/A
1132 3 BD/1 BA 1,071 SF $1,100
TOTAL $2,800
PROPERTY INFORMATION
PIN 0793296816 (1128), 0793296778 (1130), 0793296783 (1132)
Tax Value $334,997 (total)
Taxes $3,524.98 (total)
Lot Size .83 ACRES (total)
Year Built 1956 (1128), 1957 (1132)
Exterior BRICK, WOOD (1128), BRICK (1132)
Floors CARPET, HARDWOOD, TILE (1128), CARPET, VINYL (1132)
Foundation CRAWL (1128 & 1132) & 1128 HAS A BASEMENT GARAGE/STORAGE AREA
HVAC CENTRAL AIR, GAS HEAT (1128 & 1132)
Utilities PAID BY TENANT
Legal Description SEE TAX RECORDS
Appliances RANGE, REFRIGERATOR, W/D CONNECTIONS (1128 & 1132)
Sold Date 2018-02-08
Zoning RX-3

Location Map

TWO RENTAL HOUSES & A VACANT LOT NEAR NCSU
Address: 1128 Gorman St, Raleigh, NC 27606, USA Price: $ 375,000 Unit: 2