Calling all investors! This is a rare opportunity to own a fully leased income-generating property in the thriving suburb of Garner, NC, just minutes from Raleigh. This single-family home features two separate leases, bringing in over $2,800 per month in rental income. The main portion of the home includes 3 bedrooms and 2 full baths, currently under lease, while a separate 1 bedroom, 1 bath suite with a kitchenette is also leased, offering great flexibility for tenants.
With over $80,000 in renovations recently completed, this property is turn-key and ready to provide steady cash flow. Updates include new windows, the addition of a second washer/dryer connection, the addition of a 2nd kitchen and the conversion of a half bath to a full bath, ensuring modern conveniences for tenants. Located close to major highways, large employers like Amazon, and NC State University, this home is perfectly situated in a rapidly growing area with high rental demand. Don't miss out on this fantastic investment opportunity!
The main level includes 3 bedrooms with direct access to a large rear deck, perfect for relaxing or entertaining. The lower level features 1 bedroom, 1 bath, and a kitchenette The home has been updated with a modern kitchen and bathrooms, as well as new windows.
The large backyard offers a great space for entertaining, and there's a spacious storage shed for added convenience. Lot provides room to grow with no HOA. This property is full of opportunity, and additional income potential. Close to major highways, downtown Raleigh and major employers such as Amazon.
Courtesy of Wendy Jean Mitchel (License #270909), Be Home Realty919-749-0536
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This content last updated on 9/19/2024 4:25 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Market occupancy and urban/rural information from Home Junction Inc.