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Description Open House Details Location Market Trends Schools Recent Sales Virtual Tour
$389,900 Est. $1,436 / mo.*

1505 Harth Drive Garner , NC 27529

Courtesy of Keller Williams Elite Realty, Matt Perry.

Description

4 Beds
2 full, 1 half Baths
2,120 Sqft
16,117 Sqft lot
0.37 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1978
Neighborhood: Malibu Valley
Days on Website: 33
ATTENTION INVESTORS! Rare Duplex offered in Garner at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with long term stable tenants with below market rents. Perfectly situated in a prime location near groceries and restaurants and a short drive or public transportation to major shopping like Target and Cabelas. Garner is a short drive to downtown Raleigh on Hwy 70/401 or major employers in the area like Amazon on the newly widened HWY 40. The current owners have made significant upgrades with over $40K in renovations the last 10 years including a new roof in 2024 and a full gut remodel on both units in 2016 featuring new kitchen and bathroom cabinets and appliances and all new windows throughout. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Open House

Property Details and Features

Basement
Basement:
"Crawl Space"
Bathrooms
2 full bathrooms
1 half bathroom
2.5 total bathrooms
3 total bathrooms
Bedrooms
4 bedrooms
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$389,900 - 4Br/2Ba - for Sale in Malibu Valley, Garner
Virtual Tour

Contact an Agent

919 380 8066

Location

$389,900 -
1505 Harth Drive Garner , NC 27529
Subdivision Name: Malibu Valley

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