$229,950
●
Multifamily -
For Sale
327 Ranch Farm Road
Raleigh, NC 27603
2 Beds
1 Bath
918 Sqft
$1,283
Estimated Monthly
$0
HOA / Fees
7.00%
Cap Rate
About This Property
Amazing Opportunity To Own Income Producing Rental Properties In
Raleigh! 327 Is Situated On A DOT Maintained Road With Ample
Frontage, Has A Sprawling Lot with A Huge Front Yard, Backyard With
Neighboring Fence Line With Hardwood Trees and 6' Wood Fence Beside
Home For Privacy. Property 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 Mikes To Lake
Wheeler Recreation! Interior Has Been Updated, Newer To New
Flooring, Paint and Appliances. Brand New Roof Installed Jan. 2023.
Property Has Been Owned and Well Maintained By The Same Family
Since Being Built! Home Has 2 Beds, 1 Bath, With Flex Room (used as
3rd Bedroom, Dining Room, Nursery, Game Room, Play Room, Office,
and Den) Living Room, Kitchen w/ Dining, Laundry, Large Deck, and
Covered Front Porch. Tenants Pay Duke Progress Directly For Their
Power Use, A Dedicated Septic System And Shared 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 So Advance Notice Needed For Scheduling Showings!
Additional Listings, On This Road, Being Offered By Same
Seller In Connection With This Property! See MLS Listing For 325
A/B Ranch Farm Rd. And 323 Ranch Farm Rd For Additional
Details.
The manager has listed the unit size as 918 square feet.
The manager has listed the unit size as 918 square feet.
Unit Size
918Ft²
Days on Market
125 days
Land Size
0.55 acres
Price per sqft
$250
Property Type
Multifamily
Property Taxes
$154
HOA Dues
-
Year Built
1959
Listed By
Last updated: 14 days ago (TRIANGLE #10003550)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 3, 2024 | No longer available | - | |
No longer available | |||
Dec 27, 2023 | Listed by Lillie P. Humphries | $229,950 | |
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
Active
Multifamily
3
Beds
2
Baths
1,322 ft²
$189/ft²
$249,950
Dec 27, 2023
-
$154/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|