623 Rawls Drive, Raleigh, NC 27610 - MLS#10050679

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Nicole Prophet

nicole@kohorealty.com +1(919) 322-8090

Listed by BIG Realty Company

$ 549,900

Est. payment -/mo

Save

Pending

623 Rawls Drive Raleigh, NC 27610

3 Beds

2 Baths

1,991 SqFt

UPDATED:

10/19/2024 08:25 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,991 sqft

Price per Sqft $276

Subdivision Not In A Subdivision

MLS Listing ID 10050679

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 1,991

Originating Board Triangle MLS

Year Built 2007

Annual Tax Amount $3,331

Lot Size 10,454 Sqft

Acres 0.24

Property Description

Location...Location!!! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase to $1910 on 7/1/25 and $1975 on 7/1/26). Unit 102 - $1850/mo-expires 8/31/2025. Tenants want to extend their leases and will be discussed ideal situation with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and realizes a 7% Cap Rate. Looking for a buyer that will purchase this similar property next door at 619 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.

Location

State NC

County Wake

Zoning R-6

Interior

Heating Electric

Cooling Electric

Flooring Laminate

Fireplace No

Exterior

View Y/N Yes

Roof Type Shingle

Garage No

Private Pool No

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Wake County Schools

Middle Schools Wake County Schools

High Schools Wake County Schools

Others

Senior Community false

Tax ID 1723265920

Special Listing Condition Seller Licensed Real Estate Professional

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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Nicole Prophet

623 Rawls Drive Raleigh, NC 27610

Key Details

Location

Interior

Exterior

Building

Schools

Others

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623 Rawls Drive