Bought with DASH Carolina
$540,000
$549,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
619 Rawls Drive Raleigh, NC 27610
3 Beds
2 Baths
1,991 SqFt
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,991 sqft
Price per Sqft $271
Subdivision Not In A Subdivision
MLS Listing ID 10050682
Sold Date 01/10/25
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,991
Originating Board Triangle MLS
Year Built 2007
Annual Tax Amount $3,331
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Location...Location!!! Come explore the possibilities for your next investment! Conveniently located inside the beltline and approximately 200 yards from the bus stop. Fully renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1724/mo - expires 10/31/24 but will be renewing lease. Unit 102 - $1950/mo-expires 08/31/2025. Tenants are interested in extending lease to be agreed upon with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and is competitively priced at a 7% Cap, based on detailed NOI. Buyer must purchase identical property next door at 623 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.
Location
State NC
County Wake
Zoning R-6
Direction From 440 take Poole Rd Exit heading toward downtown Raleigh, cross over Sunnybrook Rd, right on Rawls Drive.
Interior
Heating Electric
Cooling Electric
Flooring Laminate
Fireplace No
Exterior
View Y/N Yes
Roof Type Shingle
Garage No
Private Pool No
Building
Faces From 440 take Poole Rd Exit heading toward downtown Raleigh, cross over Sunnybrook Rd, right on Rawls Drive.
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories 1
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
Senior Community false
Tax ID 1723265917
Special Listing Condition Seller Licensed Real Estate Professional
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