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Description
This duplex represents a rare opportunity to acquire an investment property in one of Raleigh’s most iconic neighborhoods. Located in Historic Oakwood in Downtown Raleigh, the property features two, one-bedroom, one-bathroom units. Originally built in 1920, this duplex provides comfortable living spaces for tenants, while the prime location in Oakwood offers easy access to the city's top dining, shopping, and entertainment destinations in Raleigh's urban core. This property is the perfect blend of vintage charm and modernized finishes, boasting original hardwood floors and milwork combined with updates to the bathrooms and kitchens that include granite counter tops and stainless steel appliances. Tenants pay all utilities as it is individually metered for water, gas, and electric. Unit A rent is $1,250/mo with lease expiration 3/31/2024 Unit B rent is $1,450/mo with lease expiration 2/15/2024
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MLS# 2417511
ACTIVE
$12,000,000

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Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Copyright © Triangle MLS, Inc. of North Carolina. All rights reserved. Updated: 30th March, 2023 1:22 AM (UTC)
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Copyright © Triangle MLS, Inc. of North Carolina. All rights reserved. Updated: 30th March, 2023 1:22 AM (UTC)
Attribution contact: tfurlow@deaton.com
Listing Office: Deaton Investment Real Estate