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
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**
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