Address
1508 Gorman Street Raleigh, NC
Price
$ 1,500,000
Property Attributes
- MLS#2373957
- TypeMulti-Family
- CountyWAKE
- CityRaleigh
- AreaWake
- Zip27606
- Style
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4227
- Lot Size0.55 Acres
Listing Provided Courtesy Of:
Northside Realty Inc.
Data Source:
Triangle MLS
Property Description
Fantastic investment opportunity to own a FULLY RENOVATED TRI-PLEX near NC State University. The building currently has three units each with 4 bedrooms/4 baths. Owner has architectural drawings and permits started to ADD TWO ADDITIONAL 4 bedroom/4 bath units to the building. Total rents currently $8,000 monthly. Potential rents of $14,000 monthly with 5 units. Conveniently located near the bus line and minutes to downtown Raleigh and walking distance to NC State campus.
| Elementary School | Middle School | High School |
|---|---|---|
| Wake - Weatherstone Elementary School | Wake - Davis Drive Middle School | Wake - Athens Dr High School |
| Price History | |
|---|---|
| 3/25/2021 | Listed $1,500,000 |
General Features
| AVM | Yes |
|---|---|
| Cooling | Central Air |
| Elementary School | Wake - Weatherstone |
| Flooring | Laminate |
| Heating | Forced Air |
| High School | Wake - Athens Dr |
| Listing Area | Wake |
| Lot Number | 6 |
| Middle School | Wake - Davis Drive |
| New Construction | No |
| Number of Units | 3 |
| Parking | 3 space+/Unit |
| Special Conditions | No Special Conditions |
| Status | Active |
| Subdivision | Not in a Subdivision |
| Type | Apartments |
| Unit 1 Information | 4+ Bedrooms |
| Unit 2 Information | 4+ Bedrooms |
| Unit 3 Information | 4+ Bedrooms |
| Year Built | 1987 |
Interior Features
| Fuel Heat | Natural Gas |
|---|---|
| Unit 1 Above Grade Sqft | 1409 |
| Unit 2 Above Grade Sqft | 1409 |
| Unit 3 Above Grade Sqft | 1409 |
Exterior Features
| Latitude | 35.777852 |
|---|---|
| Longitude | -78.688042 |
| Design | Unit 1/1 Sty, Unit 2/1Sty, Unit 3/1 Sty |
| Exterior Finish | Vinyl |
| Foundation | Block |
| Lot Size Area | 0.55 |
| Water/Sewer | City Sewer, City Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 27606
Price
Visits
Year Built
Walkscore
Copyright 2021 Triangle MLS, Inc. of North Carolina. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Triangle MLS, Inc. of North Carolina. Real estate listings held by brokerage firms other than Dennis Fowler Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This site is monitored for scraping. Any use of listing data obtained from this web site, other than by a consumer looking to purchase real estate, is prohibited.
This data has been updated as of April 13, 2021 5:38 AM UTC
