SIMMONS BRANCH & LUNDY DUPLEXES – RALEIGH, NC

PRICE:
$ 1,050,000
STATUS:
Sold
ADDRESS:
5125 Simmons Branch Trail, Raleigh, NC, USA
OVERVIEW:

Sold on 5/19/24 for $1,050,000 or $262,500/unit

Deaton, as the exclusive listing firm, is pleased to offer three duplexes for sale in West Raleigh. The properties can be purchased as a package, or as individual duplexes.  Located on Lundy Drive and Simmons Branch Trail, all six units offer convenient access to Downtown Raleigh, N.C. State, Downtown Cary, and multiple retail and employment centers. Each property features large, three-bedroom, three-bathroom town homes on individual tax parcels. Commonly referred to as a “zero-lot-line” duplexes, these properties offer the buyer a rental investment opportunity with the ability to resale each town home separately. The properties have been well-maintained and a full list of improvements can be found at this link. The property and tax details listed below are for 5125 Simmons Branch. To see the details of all six tax parcels, click this link.

5125 and 5127 Simmons Branch Trail – Offered at $515,000

5128 and 5130 Lundy Drive – Offered at $510,000

5138 and 5140 Lundy Drive – Offered at $525,000

Link to 5125 Simmons Branch Tax Records
UNIT INFORMATION
Unit Type Size Rent
5125 SIMMONS BRANCH 3 BD/3 BA 1,244 SF $1,600 - EXPIRES 1/31/25
5127 SIMMONS BRANCH 3 BD/3 BA 1,244 SF $1,600 - MOVE IN 6/1/24 EXPIRES 5/30/25
5128 LUNDY 3 BD/3 BA 1,244 SF $1,500 - EXPIRES 3/31/25
5130 LUNDY 3 BD/3 BA 1,244 SF $1,600 - EXPIRES 1/31/25
5138 LUNDY 3 BD/3 BA 1,244 SF $1,600 - EXPIRES 10/31/24
5140 LUNDY 3 BD/3 BA 1,244 SF $1,800 - EXPIRES 3/31/25
6 UNITS 7,464 SF $9,800 TOTAL
PROPERTY INFORMATION
PIN 0783382534
Tax Value $245,577
Taxes TBD PENDING 2024 MILLAGE RATE
Lot Size .21 ACRES
Year Built 1986
Exterior MASONITE
Floors LVP, CARPET, VINYL
Foundation CRAWL
HVAC CENTRAL AIR, GAS FORCED AIR HEAT
Utilities PAID BY TENANT
Legal Description LO77 SIMMONS BRANCH TWHM PH1 BM1985-2100
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER (MICROWAVE IN SELECT UNITS)
Sold Date 2024-12-19
Zoning R-6

Location Map

SIMMONS BRANCH & LUNDY DUPLEXES – RALEIGH, NC
Address: 5125 Simmons Branch Trail, Raleigh, NC, USA Price: $ 1,050,000 Unit: 6