718 S State Street, Raleigh, NC 27601
- $1,295,000
- List Price
- $1,295,000
- Status
- ACTIVE
- MLS#
- 2255029
- Lot Size
- 7,405
- Region
- 003 - Raleigh
- Subdivision
- Not in a Subdivision
- Year Built
- 2008
- Acres
- 0.17
Property Description
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 $8,650/mos or $103,800/year - Currently fully leased. Units have been updated recently and are turned (cleaned/repaired) between tenants. Lots of interest already. Receiving offers NOW, Looking at all offers by 5/31/2019.
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Additional Information
- Design
- Unit 1/Othr, Unit 2/Othr, Unit 3/Othr, Unit 4/Othr
- Foundation
- Slab
- Exterior Finish
- Vinyl
- Parking
- Off Street Parking
- Special Conditions
- No Special Conditions
- Fuel Heat
- Electric
- Water Sewer
- City Sewer
- Flooring
- Carpet, Vinyl
- Num Units
- 6
- Lot Number
- 170 & 171
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Seller Representative Dream Living Realty
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2019 Triangle MLS, Inc. of North Carolina. Data last updated .