207 and 211 Park Avenue are adjacent buildings with a total of eight units and .34 acres on two parcels. The properties 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. Built in 1901, the properties have long-operated as rental houses and are fully-leased. See the rent roll below and the additional information attached for details.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 207 - A | 3 BD/3 BA | 1545 SF APPROX. | $1,550 |
| 207 - D | STUDIO | 250 SF APPROX. | $600 |
| 207 - E | STUDIO | 250 SF APPROX. | $675 |
| 207 - F | STUDIO | 280 SF APPROX. | $675 |
| 211 - 1 | 4 BD/3 BA | 1730 SF APPROX. | $2,000 |
| 211 - 4 | STUDIO | 325 SF APPROX. | $625 |
| 211 - 5 | 2 BD/1 BA | 750 SF APPROX. | $950 |
| 211 - 6 | STUDIO | 270 SF APPROX. | $550 |
| TOTAL | $7,625 |
| PIN | 1703190883, 1703190841 |
| Tax Value | $452,350 |
| Taxes | $5,052.38 |
| Lot Size | .34 ACRES |
| Year Built | 1901 |
| Exterior | ASBESTOS, ALUMINUM |
| 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, LO30 MARTIN PROP |
| Appliances | SEE ADDITIONAL INFORMATION |
| Zoning | R-10 (parking overlay district) |
Agent Information Thomas T Furlow