Duplex With Cashflow + Appreciation In Downtown Raleigh!🏡

Wake County, Raleigh, NC, 27610
Sold
Listed at: January 26th, 2023
Price
$350,000
Sq. Footage
1820
Type
Multifamily
Parking
Driveway
Year build
1968
Lot size
4792.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

I'm reaching out to share a deal with you! The address is 1601 Pender St, Raleigh, NC 27610. The cash price is $350,000.

 

You know the old saying when it comes to real estate: it's all about location, location, location! Well, that couldn't be more true than for this duplex right now. Located in downtown Raleigh, this investment property has already been renovated and leased up, yet it's still under market rate! And if you're looking for your next rental addition to have a strong exit strategy, this one is perfect; so much development is happening in this area that when you do decide to sell, you should easily see a strong return! So be sure to check out the pics, run your numbers, and lock this one up!

 

Below are the properties details:

Multi-Family Dwelling

4 Bed/2 Bath (2 Bed/1 Bath per unit)

Occupancy: Rent is MTM at $1200 per unit

SqFt: 1,820 (910 sqft. per unit)

Lot: 4,792

Year Built: 1968

Cash Price: $350,000

 

HERE are photos.

 

Additional Comps:

211 A&B N State St. - 4 bed/ 2 bath/ 2668 sqft.- $550,000 ($206/ Sqft.)

 

1537 Battery Dr. - 4 bed/ 2 bath/ 1600 sqft.- $330,000 ($206/ Sqft.)

 

133 S Tarboro St. - 4 bed/ 2 bath/ 2160 sqft.- $625,000 ($289/ Sqft.)

 

Please reach out to me to view the property! Any questions please do not hesitate to ask.

 

We look forward to seeing you!

- Josh

 

Joshua Norman

P 919.538.0401

E josh@venture-stack.com

W http://www.venture-stack.com/

 


**PLEASE DON'T MARKET OUR PROPERTIES**

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Norman

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