Located in the thriving and family-friendly suburb of Garner, NC, this multi-family property at 110 & 112 Avery Street offers an exceptional investment with immediate cash flow. Recently renovated, this portfolio includes a diverse unit mix of 9 total units with 15 beds, enhancing its appeal to a wide range of potential tenants.
Key features include:
Total Area: 0.56 Acres
Unit Details: 2 units of 3bed/1bath, 2 units of 2bed/1bath, 5 units of 1bed/1bath
Recent Renovations: $268,000 spent on capital improvements including new sewer lines, roofing, exterior paint, HVAC units, and more.
Location Advantages: Walking distance to downtown Garner, less than 15 minutes drive to downtown Raleigh, close proximity to Highway 70 and 40.
Income: $68,989.62 NOI prior to closing.
Please contact co-listing agent for more information and financials: Charles Bartscher, 919-395-5498, charles@cityplat.com
Listing Details
Price
$995,000
Bedrooms
15 Beds
Bathrooms
9 Full Baths
Year Built
1938
Property Type
Residential Income
Listing #
10027620
Status
Active
County
Wake
Listing Type
For Sale
Property Taxes (Annual)
$5,352.40
Interior Features
Square Feet
4,934
Floors
Vinyl
Heating and Cooling
Central, Other, Varies by Unit
Exterior Features
Exterior
Brick
Foundation
Other
Roof
Shingle
Lot Size
0.56 acres
Courtesy of Graham Storey (License #298847), CityPlat919-698-8799
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This content last updated on 9/7/2024 9:24 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.