QUAD NEAR DOWNTOWN RALEIGH

PRICE:
$ 450,000
STATUS:
Sold
ADDRESS:
207 Park Ave, Raleigh, NC 27605, USA
OVERVIEW:

SOLD 8/6/20 FOR $425,000

Originally built in 1901, these four units are within walking distance of NC State, Downtown Raleigh and Pullen Park. The immediate neighborhood has seen an enormous inflow of investment, renovation and development capital in recent years. See the rent roll below and the additional information attached for details. The property has operated as a rental building for decades. This is a great opportunity to purchase a fully-leased asset in a premium location for long-term appreciation, add value through strategic renovations or renovate and convert to single-family.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
207 - A 3 BD/3 BA 1545 SF APPROX. $1,575
207 - D STUDIO 250 SF APPROX. $650
207 - E STUDIO 250 SF APPROX. $675
207 - F STUDIO 280 SF APPROX. $675
TOTAL $3,575
PROPERTY INFORMATION
PIN 1703190883
Tax Value $377,569
Taxes TBD
Lot Size .17 ACRES
Year Built 1901
Exterior ASBESTOS, WOOD
Floors HARDWOOD, TILE, VINYL, CARPET
Foundation CRAWL, BASEMENT
HVAC WINDOW A/C, CENTRAL GAS HEAT
Utilities SEE ADDITIONAL INFORMATION
Legal Description LO29 MARTIN LAND BM1885-62
Appliances SEE ADDITIONAL INFORMATION
Zoning R-10 (parking overlay district)

Location Map

QUAD NEAR DOWNTOWN RALEIGH
Address: 207 Park Ave, Raleigh, NC 27605, USA Price: $ 450,000 Unit: