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Wake 27603 Homemont
327 Ranch Farm Road
$229,950
Multifamily - For Sale

327 Ranch Farm Road

Raleigh, NC 27603
bedrooms
2 Beds
bathrooms
1 Bath
square feet
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.
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
Tina Lawson
Blue Diamond Realty
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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

Building Info

327 Ranch Farm Road 327 Ranch Farm Road, Raleigh, NC 27603
  • 1 Unit for Sale
More about this Building
327 Ranch Farm Road
Want to find out who owns 327 Ranch Farm Road, Raleigh, NC 27603? Get detailed property transactions here .

About Homemont


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