HISTORIC OAKWOOD DUPLEX – RALEIGH, NC

PRICE:
$ 560,000
STATUS:
Sold
ADDRESS:
536 E Jones St, Raleigh, NC 27601, USA
OVERVIEW:

CLOSED 5/2/2023 FOR $595,000
$297,500 per unit

This duplex represents a rare opportunity to acquire an investment property in one of Raleigh’s most iconic neighborhoods. Located in Historic Oakwood in Downtown Raleigh, the property features two, one-bedroom, one-bathroom units. Originally built in 1920, this duplex provides comfortable living spaces for tenants, while the prime location in Oakwood offers easy access to the city’s top dining, shopping, and entertainment destinations in Raleigh’s urban core. This property is the perfect blend of vintage charm and modernized finishes, boasting original hardwood floors and milwork combined with updates to the bathrooms and kitchens that include granite counter tops and stainless steel appliances. Tenants pay all utilities as it is individually metered for water, gas, and electric.

 

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
UNIT A 1BD/1BA 766 SF $1,250
UNIT B 1BD/1BA 766 SF $1,450
2 UNITS TOTAL 1,532 TOTAL SF $2,700 GROSS MONTHLY RENT
PROPERTY INFORMATION
PIN 1703996669
Tax Value $385,636
Taxes $3,944.57
Lot Size 0.17 ACRES
Year Built 1920
Exterior WOOD
Floors HARDWOOD, TILE
Foundation CRAWL
HVAC WINDOW A/C; CENTRAL GAS FORCED HEAT
Utilities TENANTS PAY UTILITIES
Legal Description 536 E JONES STREET
Appliances RANGE, REFRIGERATOR, DISHWASHER, MICROWAVE, WASHER & DRYER
Zoning R-10

Location Map

HISTORIC OAKWOOD DUPLEX – RALEIGH, NC
Address: 536 E Jones St, Raleigh, NC 27601, USA Price: $ 560,000 Unit: 2