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Map
$1,752,174*
●
Multifamily -
Off Market
718 S State Street
Raleigh, NC 27601
Studio
0 Bath
$1,076,000 - $1,314,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Own one of the best income generating properties in Raleigh! This
property located by Ligon Middle School boasts rents from 4 - 4
bedroom apartments and 2 - 3 bedroom apartments. Two buildings
located on two different lots. 718 and 720 S. State St. Gross rent
potential $8,850/mos or $103,800/year - Currently fully leased.
Units have been updated recently and are turned (cleaned/repaired)
between tenants.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2008
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2019 | No longer available | - | |
| No longer available | |||
| Aug 15, 2019 | Sold | $1,083,500 | |
| Sold | |||
| Jun 2, 2019 | Price Decreased |
$1,195,000
↓ $100K
(7.7%)
|
|
| Price Decreased | |||
| May 15, 2019 | Listed | $1,295,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
718 S State Street
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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 |
|---|---|---|---|---|---|---|---|---|
|
05/15/2019
|
|
Studio
|
-
|
-
|
$1,295,000
Studio
-
|
$1,083,500
-16.33%
08/15/2019
|
-
|
Jamie Dawson
|
Building Info
