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Description Open House Details Location Market Trends Schools Recent Sales
$659,000 Est. $2,427 / mo.*

850 Athens Drive Raleigh , NC 27606

Courtesy of Berkshire Hathaway HomeService, George Patrick III.

Description

8 Beds
3 Baths
2,727 Sqft
23,958 Sqft lot
0.55 Acre lot
Status: Active
Property Type: Triplex
Year Built: 1965
Neighborhood: Not In A Subdivision
Days on Website: 1
Rare opportunity for a classic brick 3-unit apartment building near downtown Raleigh and NC State University. Located on a 0.55 acre lot zoned R6. The building features two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The 2 bed unit is currently empty to allow for showings. The prior total monthly rent with the 2 bed rented was $3715 per month. Upside for the new owner includes possible redevelopment, light renovation of existing units to increase rent, and building an ADU, pending city approval and land use requirements. Or new investors have a chance to live in the empty unit while building equity. Regardless of your strategy don't miss out on the chance to stake your claim to Raleigh's ever-growing real estate market!

Open House

Property Details and Features

Appliances & Equipment
Appliances:
"Electric Water Heater", "Microwave", "Range", "Refrigerator", "Stainless Steel Appliance(s)"
Bathrooms
3 full bathrooms
3 total bathrooms
3 total bathrooms
Bedrooms
8 bedrooms
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Contact an Agent

919 380 8066

Location

$659,000 -
850 Athens Drive Raleigh , NC 27606
Subdivision Name: Not in a Subdivision

Street View

Nearby Schools

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