1620 Crest Road

Closed 3/27/24
Closed 3/27/24
20240208_142142
20240208_142252
Untitled design
Untitled design
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Closed
Last Sold Price
$888,000
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8 beds4,110 sqft

1620 Crest Rd, Raleigh, NC 27606

Description

Investment opportunity! Well established and fully occupied Quadruplex in highly desirable location near NC State. Situated just off Western Blvd, short walk to the McKimmon Center and main campus. Also directly on the bus line. Each unit has 2 bedrooms and 1.5 baths. Low maintenance LVT flooring downstairs. Large eat-in kitchens with laundry areas adjacent. All have decks in the back with plenty of privacy from neighboring properties. Large parking lot with plenty of room for all four units. Easy...Investment opportunity! Well established and fully occupied Quadruplex in highly desirable location near NC State. Situated just off Western Blvd, short walk to the McKimmon Center and main campus. Also directly on the bus line. Each unit has 2 bedrooms and 1.5 baths. Low maintenance LVT flooring downstairs. Large eat-in kitchens with laundry areas adjacent. All have decks in the back with plenty of privacy from neighboring properties. Large parking lot with plenty of room for all four units. Easy to maintain all brick exterior. With such a high demand for the location, these should never be unoccupied except for the short period of turnover. Two HVACs are less than 3 years old.
Multi FamilyProperty Type
0.51 acresLot Size
1972Year Built
$216/sq ftPrice per sq ft
8 carsParking Spaces
  • Listed by: Peyton Irby 919.413.6402 peyton.irby@gmail.com • Irby Stinson Realty
Listing closed: 03/27/2024 12:00 AM
Source: Doorify MLS (fka Triangle MLS), MLS#: 10011971
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Recent comparable sales

Median sold price

$767,500

Avg days on market

35

Sale-to-list ratio

96.1%

Raleigh, NC

9 comparable properties found

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1

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5308 Wayne Street, Raleigh, NC 27606

$610,000 | 5335 Wayne Street, Unit A B C D, Raleigh, NC 27606
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3

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3,968
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5335 Wayne Street, Unit A B C D, Raleigh, NC 27606

$750,000 | 2210 Hope Street, Raleigh, NC 27607
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4

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2210 Hope Street, Raleigh, NC 27607

$1,000,000 | 1612 Boyer Street, Raleigh, NC 27610
1/38
5

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1612 Boyer Street, Raleigh, NC 27610

$1,100,000 | 1008 Addison Place, Unit 101 & 102, Raleigh, NC 27610
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3,740
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1008 Addison Place, Unit 101 & 102, Raleigh, NC 27610

$600,000 | 6128 Spice Ridge Lane, Raleigh, NC 27606
1/14
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$767,500 | 4701 Brockton Drive, Unit A B C D, Raleigh, NC 27604
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$782,500 | 1334 South State Street, Raleigh, NC 27610
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2,704
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Location

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Principal and Interest

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Property Taxes

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Property information

1620 Crest Road

Property Details

  • Taxes: $5,890 / year
  • MLS Type: Residential Income / Quadruplex

Building Information

  • Residences: 4
  • Year Built: 1972
  • Lot Size: 0.51 AC / 22,215 SF

Summary

Location and General Information

  • Subdivision Name: College View
  • Latitude: 35.775135
  • Longitude: -78.685738

Taxes and HOA Information

  • Tax Annual Amount: $5,890.00
  • Lot Number: 6
  • Has Restrictive Covenants: No

Contract Information

  • Lease Expiration Date: 2024-07-31
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2024-03-04

Parking

  • Open Parking Spaces: 8.0
  • Open Parking: Yes

Property

Lot Information

  • Building Area Total: 4110.0
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 0793.10-37-2109.000
  • Sold PriceList Price: 1.04

Property and Assessments

  • New Construction: No

Multi Family

Multi Family Information

  • Total Units: 4

Rental

Rental Information

  • Lease Term: 12 Months

Property History

1620 Crest Road

DateEventPrice
Mar 27, 2024

Sold

Doorify MLS (fka Triangle MLS) #10011971

$888,000
Feb 27, 2024

Pending

Doorify MLS (fka Triangle MLS) #10011971

—
Feb 16, 2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10011971

$850,000
DateEventPrice
03/27/2024

Sold

Doorify MLS (fka Triangle MLS) #10011971

$888,000
02/27/2024

Pending

Doorify MLS (fka Triangle MLS) #10011971

—
02/16/2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10011971

$850,000

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

Schools

Near 1620 Crest Road

This home is within Wake County School District.

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1620 Crest Road, Raleigh, NC 27606
$888,000
8
4,110
22,215
1630 Crest Road, Raleigh, NC 27606
$750,000
–
4
2,352
10,890
1634 Crest Road, Raleigh, NC 27606
$305,000
3
1,132
11,325
1611 Collegeview Avenue, Unit 101, Raleigh, NC 27606
–
–
2
999
–
1611 Collegeview Avenue, Unit 102, Raleigh, NC 27606
–
–
2
999
–
1611 Collegeview Avenue, Unit 103, Raleigh, NC 27606
–
–
2
999
–

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Listing Courtesy of Irby Stinson Realty

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.