1817 Glenwood Avenue #5 Raleigh NC 27608 $1,395,000
Courtesy of: Deaton Investment Real Estate
Property Information
- $1,395,000
- 2,066 Sqft
- Residential Income
- MLS #: 2505919
- For Sale
- 39 Days on market
Property Features
- Neighborhood: Hayes Barton
- Lot Size: 0.22
- Status: Active
- Year Built: 1927
- Air Conditioning: Window Unit(s)
- Appliances: Dishwasher, Range/Oven, Refrigerator
- Attribution Contact: Tfurlow@deaton.com
- Cooling: Window Unit(s)
- Directions: Heading South On Glenwood Ave, Turn Right Onto Myrtle Ave, Then Turn Left Onto Backroad. Follow Backroad All The Way To Dead End And Arrive At Property's Parking Lot.
- Driving Directions: Heading South On Glenwood Ave, Turn Right Onto Myrtle Ave, Then Turn Left Onto Backroad. Follow Backroad All The Way To Dead End And Arrive At Property's Parking Lot.
- Elementary School: Wake County Schools
- Exterior Features: Porch
- Flooring: Hardwood, Tile
- Foundation: Basement
- Heating: Electric
- High School: Wake County Schools
- Interior Features: 1 Bath, 1 Bedroom, Kitchen
- Internet Address Display: Yes
- Internet Automated Valuation Display: Yes
- Internet Consumer Comment: Yes
- Land Sqft: 2066
- List Price: 1395000
- Lot Size Acres: 0.22
- Middle School: Wake County Schools
- Parking: Off Street
- Parking Desc: Off Street
- Parking Description: Off Street
- Property Subtype: Apartment
- Sewer: City Sewer
- Tax Amount: 5957
- Taxes: 5957
- Water: City Water
- Water Heater: Electric
- Water Source: City Water
- Zoning Desc: OX-3
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.
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.
Description
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.
Location Map
Courtesy of: Deaton Investment Real Estate
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Updated: 29th May, 2023 1:43 AM (UTC).
