4260 Louisburg Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible investment opportunity in prime N Raleigh commercial location. Zoned CX-3. (see agent docs for details on zoning) Excellent rental history w/waiting list to be next tenant. Receive rental income of $4,500 a month while getting your commercial plans approved or enjoy great cash flow while your investment appreciates in value. Leases have expired & on month to month. All tenants would like to stay & willing to sign new leases. All 6 units are same floor plan. 2 bdrms & 1 full bath. 2 miles...Incredible investment opportunity in prime N Raleigh commercial location. Zoned CX-3. (see agent docs for details on zoning) Excellent rental history w/waiting list to be next tenant. Receive rental income of $4,500 a month while getting your commercial plans approved or enjoy great cash flow while your investment appreciates in value. Leases have expired & on month to month. All tenants would like to stay & willing to sign new leases. All 6 units are same floor plan. 2 bdrms & 1 full bath. 2 miles to 540
  1. Listed by Linda G Craft • Linda Craft & Team, REALTORS

Property Details for 4260 Louisburg Road

View
No
Zoning Description
CX-3
Subdivision
Not in a Subdivision
LISTING CLOSED: 05/31/2022 12:00 AM

Property Details for 4260 Louisburg Road

StatusClosed
MLS #2436331
Taxes$6,195 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1963
Lot Size1.78 AC / 77,536 SF
CountyWake County

Location

Listing Courtesy of Linda Craft & Team, REALTORS

Sold By Keller Williams Realty Cary

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Building Information for 4260 Louisburg Road

Stories-Residences6Year Built1963Building Size-Lot Size1.78 AC / 77,536 SF

Payment Calculator

$6,297 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,780

Property Taxes

$516

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4260 Louisburg Road

Summary
Location and General Information
  • Zoning: CX-3
  • Directions: I-440 to Capital Blvd north, Stay right onto Hwy 401-Lousiburg Rd, properties on right across from David's Bridal sign. Zoned commercial CX-3
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.840795
  • Longitude: -78.577014
  • Road Frontage Type: Other
Taxes and HOA Information
  • Tax Lot: 0
  • Tax Annual Amount: $6,195.00
School Information
  • Middle Or Junior School: Wake - Durant
  • High School: Wake - Heritage
Parking
  • Parking Features: Off Street
  • Carport: No
  • Garage: No
Property
Lot Information
  • Lot Features: Hardwood Trees
  • Farm Land Area Units: Square Feet
Property and Assessments
  • New Construction: No
  • Photos Count: 22
  • Property Attached: Yes
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer
  • Water Source: Well
  • Gas: Natural Gas
  • Water_Sewer: Well, City Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: All Brick
  • Patio And Porch Features: Deck
  • New Construction Type: All Brick
Interior Features
  • Levels: Unit 1/1 Sty, Unit 2/1Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Basement Description: Crawl Space
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: Forced Air, Natural Gas
  • Heating?: Yes
  • Appliances: Range/Oven, Refrigerator
  • Laundry Features: Individual Laundry
  • Interior Features: 1 Bath, 1st Floor Bedroom, 2 Bedroom, Kitchen, Living Room
  • Equipment Appliances: Range/Oven, Refrigerator
  • Interior: Off Street, All Brick, Individual Laundry
  • Equipment: Range/Oven, Refrigerator, Individual Laundry, Off Street
Multi Family
Unit Information
  • Total Units: 6
Agent
Sale and Listing
  • For Sale YN: No
  • Property Class Name: MultiFamily
Rental
Rental Information
  • Lease Term: Month To Month

Property History for 4260 Louisburg Road

DateEvent & SourcePriceAppreciation
May 31, 2022

Sold

TRIANGLEMLS #2436331

$1,160,000
May 31, 2022

Sold

TRIANGLEMLS #2436331

$1,160,000
May 31, 2022

Sold

AMLS #2436331

$1,160,000
DateEvent & SourcePrice
05/31/2022

Sold

TRIANGLEMLS #2436331

$1,160,000
05/31/2022

Sold

TRIANGLEMLS #2436331

$1,160,000
05/31/2022

Sold

AMLS #2436331

$1,160,000

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

Public Records for 4260 Louisburg Road

Taxable ValueLand$1,116,533Additions$237,500Total$1,354,033
Tax Record2025$11,929 ($994 / month)
Home Facts
Total Finished SqFt2,366 SqFtAbove Grade Finished SqFt2,366 SqFtStories1Lot Size77,537 SqFtStyleTriplexYear Built1963ZoningCX-3CountyWAKEAPN1726.19-51-3186 0013621

Schools near 4260 Louisburg Road

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 8
Rating
School
Distance
Wilburn Elementary
PublicPK to 5

Durant Road Middle
Public6 to 8

Heritage High School
Public9 to 12

River Oaks Middle
Public6 to 8

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 Linda Craft & Team, REALTORS

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.