1228 Gorman St

Raleigh, NC 27606

$415,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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Closed 9/28/17
Closed 9/28/17
a backyard of a house with yard fire pit and outdoor seating
a front view of a house with a yard
a front view of a house with a porch
a view of a house with a wooden deck
a view of a house with a balcony
a living room with furniture and a couch
a kitchen with granite countertop white cabinets and black appliances
a bathroom with a granite countertop sink and a mirror
an empty room with a workbench

Description

Located across from the McKimmon Center at NC State, this fully-leased triplex benefits from strong rental demand. All three units are attractive, 2 BD/1.5 BA floorplans. Two of the units have been renovated. The most recent lease was signed at the market rate of $1150/mo, unit A, expires 7/31/18. Unit B, $990, expires 1/31/18. Unit C (not renovated), $1000, expires 9/30/17. Tenants pay all utilities. Do not contact showing service for showings.Located across from the McKimmon Center at NC State, this fully-leased triplex benefits from strong rental demand. All three units are attractive, 2 BD/1.5 BA floorplans. Two of the units have been renovated. The most recent lease was signed at the market rate of $1150/mo, unit A, expires 7/31/18. Unit B, $990, expires 1/31/18. Unit C (not renovated), $1000, expires 9/30/17. Tenants pay all utilities. Do not contact showing service for showings.
  1. Listed by Thomas Furlow • Deaton Investment Real Estate
  2. Listed by Stephen Deaton • Deaton Investment Real Estate

Property Details for 1228 Gorman Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 02/17/2025 05:50 PM

Property Details for 1228 Gorman Street

StatusClosed
MLS #2144685
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1982
Lot Size-
CountyWake County
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Location

Listing Courtesy of Deaton Investment Real Estate

Sold By Raleigh Investment Real Estate

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Building Information for 1228 Gorman Street

Stories-Residences3Year Built1982Building Size-Lot Size-

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$2,529 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,068

Property Taxes

$461

HOA Dues

$0

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Property Information for 1228 Gorman Street

Summary
Location and General Information
  • Directions: From Western Blvd., go south on Gorman Street and the triplex will be on your right before you get to Marcom.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.78083
  • Longitude: -78.68756
Taxes and HOA Information
  • FIPS Code: 37183
  • Lot Number: 0
  • Tax Rate: 1.04
Contract Information
  • Lease Expiration Date: 2017-09-30
  • Original Listing ID: 2144685
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Parking Features: Off Street
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 0.0
  • Total Other Area Sq Ft: 0
  • Sold PriceList Price: 1.05
Property and Assessments
  • New Construction: No
  • Photos Count: 10
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonite, Wood Siding
  • Pool Private: No
  • New Construction Type: Masonite, Wood Siding
Interior Features
  • Basement Description: Crawl Space
  • Flooring: Carpet, Laminate, Vinyl
  • Cooling: Central Air, Heat Pump
  • Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating?: Yes
  • Interior: Off Street, Masonite, Wood Siding
  • Equipment: Off Street
Multi Family
Unit Information
  • Total Units: 3
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Above Grade Finished Area: 1082.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Levels: Two
  • Unit One: Unit Type Total Rent: 1150.0
Unit Two
  • Unit Two: Above Grade Finished Area: 1082.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Levels: Two
  • Unit Two: Unit Type Total Rent: 990.0
Unit Three
  • Unit Three: Above Grade Finished Area: 1082.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Levels: Two
  • Unit Three: Unit Type Total Rent: 1000.0

Property History for 1228 Gorman Street

DateEvent & SourcePriceAppreciation
Sep 28, 2017

Sold

TRIANGLEMLS #2144685

$415,000—
Sep 28, 2017

Sold

TRIANGLEMLS #2144685

$415,000—
Sep 28, 2017

Pending

TRIANGLEMLS #2144685

—
DateEvent & SourcePrice
09/28/2017

Sold

TRIANGLEMLS #2144685

$415,000
09/28/2017

Sold

TRIANGLEMLS #2144685

$415,000
09/28/2017

Pending

TRIANGLEMLS #2144685

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1228 Gorman Street

Taxable ValueLand$306,000Additions$320,883Total$626,883
Tax Record2025$5,527 ($461 / month)
Home Facts
Total Finished SqFt3,245 SqFtAbove Grade Finished SqFt3,245 SqFtStories2Lot Size13,504 SqFtStyleTriplexYear Built1982Year Renovated1992ZoningR-10CountyWAKEAPN0793.06-29-6276 0121686

Schools near 1228 Gorman Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Olds Elementary
Public - PK to 5
Martin Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
Wake EC of Information & Biotechnologies
Public - 9 to 12
Rating
School
Distance
Olds Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Athens Drive High
Public9 to 12

Wake EC of Information & Biotechnologies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Deaton Investment Real Estate

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.