SOLD 12/8/20 FOR $1,258,000
Located within steps of the N.C. State campus, Varsity Place apartments offer attractive finishes, roommate-friendly floorplans and an excellent location. This package offering includes a duplex at 1410-01 & 1410-02 Varsity Drive, a single-family at 1414 Varsity Drive and a duplex at 1400-01 & 1400-02 Crest Road. All five units are rented until July of 2021. The properties have been very well-maintained. See the full rent roll and unit mix below and the link to additional information below for a complete list of replacement dates and floorplans. The owner is also selling the adjacent duplex at 1409 Collegeview for $465,000.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 1410-01 VARSITY | 3 BD/3 BA | 1,350 SF | $1,680 |
| 1410-02 VARSITY | 3 BD/3 BA | 1,350 SF | $1,680 |
| 1414 VARSITY | 4 BD/3 BA | 1,526 SF | $2,160 |
| 1400-01 CREST | 3 BD/3 BA | 1,350 SF | $1,680 |
| 1400-02 CREST | 3 BD/3 BA | 1,350 SF | $1,680 |
| TOTAL | 6,926 SF | $8,880 |
| PIN | 0793386496, 0793386421, 0793386395 |
| Tax Value | $742,717 |
| Taxes | $7,214.44 |
| Lot Size | .56 ACRES |
| Year Built | DUPLEXES IN 1999 & SINGLE-FAMILY IN 1957 |
| Exterior | VINYL, BRICK |
| Floors | CARPET, VINYL / SINGLE-FAMILY HAS HARDWOOD |
| Foundation | CRAWL |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | OWNER PAYS WATER FOR THE DUPLEXES AND PARKING LIGHTS |
| Legal Description | SUB BM1997-00318 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER |
| Sold Date | 2020-12-08 |
| Zoning | R-10 |
Agent Information Thomas T Furlow