718 S State Street, Raleigh, NC 27601
- $1,083,360
- Sold Price
- $1,083,360
- List Price
- $1,195,000
- Closing Date
- Aug 15, 2019
- Status
- CLOSED
- 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 $8,850/mos or $103,800/year - Currently fully leased. Units have been updated recently and are turned (cleaned/repaired) between tenants.
/https://u.realgeeks.media/raleighcaryhomes/header-logo.jpg){kind=logo}
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
Mortgage Calculator
Seller Representative Dream Living Realty
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 .