$249,950
●
Multifamily -
For Sale
325 Ranch Farm Road #AB
Raleigh, NC 27603
3 Beds
2 Baths
1322 Sqft
$1,381
Estimated Monthly
$0
HOA / Fees
8.38%
Cap Rate
About This Property
Amazing Opportunity To Own Income Producing Rental Properties In
Raleigh! 325 A /B Is Situated On A DOT Maintained Road With Ample
Frontage, Has A Sprawing Lot with A Huge Front Yard, Backyard With
Neighboring Fence Line And Hardwood Trees For Privacy And Shade.
Properties Are Tucked Away In A Legendary Area That Offers A
Remote Rural Feel But Is Literally Minutes To Downtown
Raleigh And Is Less Than 1 Mile Off US-70 And US-401! Timber
Shopping Center With Major Retailers, Restaurants, Movie Theater
And Banking Just A Half Mile Away! ONLY 5.9 Miles To Downtown
Raleigh, 6.4 Miles To Wake Tech Community College, 6.7 Miles To
NCSU, 19 Miles To RDU, 22 Miles To RTP, 4.9 Miles To White
Oak Crossing Center Shopping, And 3.8 Miles To Lake Wheeler
Recreation! Interiors Have Been Updated, Hardwood Floorings Just
Re-waxed, Newer Paint and Appliances. Brand New Roof Installed Jan.
2023. Properties Have Been Owned and Well Maintained By The Same
Family Since Being Built! Side B Has 2 Beds, 1 Bath, Living Room,
Kitchen w/ Dining, Laundry + Storage, and Large Covered Front
Porch. Side A Is 1 Bed, 1 Bath, Kitchen, Living-Dining Area, and
Large Open Deck. Each Unit Has Its Own Electric Meter For Tenants
To Pay Duke Progress Directly For Their Power Use, Duplex is on a
Septic System And Well- That May Be Offered As Included Utilities
Or Charge A Monthly Fee To Cover Maintenance. The Shared Driveway
Leads To Two Dedicated Parking Spaces Per Unit. NO Covenants, NO
HOA, NO Dues, NO City Taxes! VERY LOW Overhead In A High Demand
Area With Excellent Long Term Rental Tenant History- Now Vacant By
Choice ONLY For The Convenience Of Scheduling Showings!
Additional Listings, On This Road, Being Offered By Same
Seller In Connection With This Property! See MLS Listing For 327
Ranch Farm Rd. And 323 Ranch Farm Rd For Additional Details. Tax
Assessment With Annual Amount & Acres Reflects the Combined Total
on County Records.
The manager has listed the unit size as 1322 square feet.
The manager has listed the unit size as 1322 square feet.
Unit Size
1,322Ft²
Days on Market
124 days
Land Size
0.55 acres
Price per sqft
$189
Property Type
Multifamily
Property Taxes
$154
HOA Dues
-
Year Built
-
Listed By
Last updated: 26 days ago (TRIANGLE #10003504)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 3, 2024 | No longer available | - | |
No longer available | |||
Dec 27, 2023 | Listed by Lillie P. Humphries | $249,950 | |
Listed by Lillie P. Humphries |
Property Highlights
Air Conditioning
Interior Details
Interior Information
Deck
Exterior Details
Exterior Information
Asphalt
Block
Concrete Block
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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