NORTH RALEIGH DUPLEXES – 10 UNITS

PRICE:
$ 1,750,000
STATUS:
Sold
ADDRESS:
5904 Applewood Ln, Raleigh, NC 27609, USA
OVERVIEW:

SOLD 12/14/2022 FOR $2,100,000
$210,000 per unit

Deaton Investment Real Estate was the exclusive listing firm and the sole broker in this transaction. These Duplexes are located in the heart of the North Bend neighborhood in North Raleigh, N.C. There are five duplexes with 10 total units. The units are large, 2-bedroom 2.5-bathroom, town home-style apartments. This asset offers the opportunity for an investor to acquire a property in a desirable neighborhood that is well-positioned to increase income through operational and strategic value-add improvements.  Each duplex is priced individually for $350,000 or they can be bought as a package. 5904/5906 Applewood Ln, 5905/5907 Applewood Ln, 5908/5910 Applewood Ln, 804/806 Flintwood Ct, 808/810 Flintwood Ct.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
5904 APPLEWOOD 2BD/2.5BA 1,232 SF $950
5906 APPLEWOOD 2BD/2.5BA 1,232 SF $950
5905 APPLEWOOD 2BD/2.5BA 1,220 SF $950
5907 APPLEWOOD 2BD/2.5BA 1,220 SF $875
5908 APPLEWOOD 2BD/2.5BA 1,208 SF $950
5910 APPLEWOOD 2BD/2.5BA 1,232 SF $1,150
804 FLINTWOOD 2BD/2.5BA 1,204 SF $925
806 FLINTWOOD 2BD/2.5BA 1,230 SF $975
808 FLINTWOOD 2BD/2.5BA 1,230 SF $950
810 FLINTWOOD 2BD/2.5BA 1,230 SF $1,195
10 UNITS 12,238 SF TOTAL $9,870 TOTAL
PROPERTY INFORMATION
PIN CONSULT TAX RECORDS
Tax Value $1,556,350
Taxes $15,927.55
Lot Size 1.78 ACRES TOTAL
Year Built 1979/1980
Exterior WOOD SIDING
Floors CARPET, VINYL, LVP, TILE
Foundation CRAWL SPACE
HVAC CENTRAL AIR/HEAT PUMP
Utilities TENANT PAYS UTILITIES
Legal Description CONSULT TAX RECORDS
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTION
Sold Date 2022-12-14
Zoning R-6

Location Map

NORTH RALEIGH DUPLEXES – 10 UNITS
Address: 5904 Applewood Ln, Raleigh, NC 27609, USA Price: $ 1,750,000 Unit: 10