1600 Cross St

2,468 Sq. Ft.
$284 / Sq. Ft.
2,468
Sq. Ft.
$284
per Sq. Ft.

Description

Great investment opportunity in this quadplex multifamily property! Recently updated all units which include new LVP flooring, windows, cabinets, granite countertops, paint & roof! Each unit has a fenced yard. Very close to downtown Raleigh and just minutes to WakeMed & I-440. Take advantage of this opportunity as the surrounding neighborhoods are going through redevelopment & improvement with a substantial amount of new construction in the area. 3 units are currently rented. Unit 1606 is vacant...Great investment opportunity in this quadplex multifamily property! Recently updated all units which include new LVP flooring, windows, cabinets, granite countertops, paint & roof! Each unit has a fenced yard. Very close to downtown Raleigh and just minutes to WakeMed & I-440. Take advantage of this opportunity as the surrounding neighborhoods are going through redevelopment & improvement with a substantial amount of new construction in the area. 3 units are currently rented. Unit 1606 is vacant and available to show. All units are 2BR, 1BA and all similar.
  1. Listed by Neil Rowerdink • DINK Realty

Property Details for 1600 Cross Street

View
Yes
Subdivision
Lincoln Park
LISTING CLOSED: 12/07/2024 10:56 AM

Property Details for 1600 Cross Street

StatusClosed
MLS #10058168
Taxes$3,706 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1959
Lot Size0.22 AC / 9,583 SF
CountyWake County

Location

Listing Courtesy of DINK Realty

Sold By Compass -- Raleigh

Add your commute

Building Information for 1600 Cross Street

Stories1Residences4Year Built1959Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$3,797 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$309

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1600 Cross Street

Summary
Location and General Information
  • Subdivision Name: Lincoln Park
  • Latitude: 35.778702
  • Longitude: -78.615247
Taxes and HOA Information
  • Tax Annual Amount: $3,706.26
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 87&88
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2025-09-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Due Diligence Expiration Date: 2024-11-15
School Information
  • Elementary School: Wake - Hunter
  • Middle Or Junior School: Wake - Ligon
  • High School: Wake - Enloe
Parking
  • Open Parking: No
  • Parking Features: On Street
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2468.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 1713481516
  • Sold PriceList Price: 0.97
Property and Assessments
  • New Construction: No
  • Photos Count: 18
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Exterior Features: Fenced Yard
  • Fencing: Back Yard, Wood
  • Foundation Details: Concrete, Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Concrete
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: Vinyl
  • Cooling: Wall/Window Unit(s)
  • Cooling?: Yes
  • Heating: Natural Gas, Wall Furnace
  • Heating?: Yes
  • Appliances: Built-In Electric Range, Refrigerator
  • Equipment Appliances: Built-In Electric Range, Refrigerator
  • Interior: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, On Street, Concrete
  • Equipment: Built-In Electric Range, Refrigerator, On Street
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
Units Information
Unit One
  • Unit One: Above Grade Finished Area: 617.0
  • Unit One: Actual Rent: 1450.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
Unit Two
  • Unit Two: Above Grade Finished Area: 617.0
  • Unit Two: Actual Rent: 1450.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
Unit Three
  • Unit Three: Above Grade Finished Area: 617.0
  • Unit Three: Actual Rent: 1450.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Kitchen: true
  • Unit Three: Levels: One
  • Unit Three: Living Room: true
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
Unit Four
  • Unit Four: Above Grade Finished Area: 617.0
  • Unit Four: Actual Rent: 1450.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Kitchen: true
  • Unit Four: Living Room: true
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true

Property History for 1600 Cross Street

DateEvent & SourcePriceAppreciation
Dec 7, 2024

Sold

TRIANGLEMLS #10058168

Dec 7, 2024

Pending

TRIANGLEMLS #10058168

Dec 6, 2024

Sold

TRIANGLEMLS #10058168

$700,000
DateEvent & SourcePrice
12/07/2024

Sold

TRIANGLEMLS #10058168

12/07/2024

Pending

TRIANGLEMLS #10058168

12/06/2024

Sold

TRIANGLEMLS #10058168

$700,000

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

Public Records for 1600 Cross Street

Taxable ValueLand$160,000Additions$257,531Total$417,531
Tax Record2025$3,721 ($310 / month)
Home Facts
Total Finished SqFt2,470 SqFtAbove Grade Finished SqFt2,470 SqFtStories1Lot Size9,583 SqFtStyleMulti-Family Res (5+ Units)Year Built1959Year Renovated1990ZoningRX-4CountyWAKEAPN1713.06-48-1516 0006803

Schools near 1600 Cross Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Hunter Elementary School
PublicPK to 5

Ligon Middle
Public6 to 8

William G Enloe High
Public9 to 12

Longview School
Public6 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DINK Realty

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