Bought with Keller Williams Realty
$595,000
$560,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/02/2023
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Historic Oakwood
MLS Listing ID 2493880
Sold Date 05/02/23
Originating Board Triangle MLS
Year Built 1920
Annual Tax Amount $3,945
Property Description
This duplex represents a rare opportunity to acquire an investment property in one of Raleigh's most iconic neighborhoods. Located in Historic Oakwood in Downtown Raleigh, the property features two, one-bedroom, one-bathroom units. Originally built in 1920, this duplex provides comfortable living spaces for tenants, while the prime location in Oakwood offers easy access to the city's top dining, shopping, and entertainment destinations in Raleigh's urban core. This property is the perfect blend of vintage charm and modernized finishes, boasting original hardwood floors and milwork combined with updates to the bathrooms and kitchens that include granite counter tops and stainless steel appliances. Tenants pay all utilities as it is individually metered for water, gas, and electric. Unit A rent is $1,250/mo with lease expiration 3/31/2024 Unit B rent is $1,450/mo with lease expiration 2/15/2024
Location
State NC
County Wake
Direction Heading north on Person St, turn right onto E Jones St and property is located on the right.
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Cooling Window Unit(s)
Flooring Hardwood, Tile
Fireplace Yes
Exterior
View Y/N Yes
Garage No
Private Pool No
Building
Faces Heading north on Person St, turn right onto E Jones St and property is located on the right.
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
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