Excellent location. Very rare opportunity to acquire a multifamily building in the highly sough-after Five Points/Hayes Barton neighborhood of Raleigh. The property features four one-bedroom, one-bathroom units and one studio unit. In recent years, ownership has completed substantial improvements to both the interior and exterior of the property. In total, these capital investments represent over $200k of improvements to the building within the last 2-3 years. Breakdown of all recent improvements available - see attached documents. Property is 100% leased and produces $5,940 in gross monthly rent. Owner paid utilities include common area electricity and water. SEE AGENT REMARKS.

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1817 Glenwood Avenue #5 Raleigh NC 27608

Courtesy of: Deaton Investment Real Estate

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Updated: 29th May, 2023 1:43 AM (UTC).

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Source: Placester