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
| 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 |
| 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 |
Agent Information Thomas T Furlow