110-112 Avery Street

Garner, NC 27529

$1,051,000
Price
15
Beds
9
Baths
4,870 Sq. Ft.
$216 / Sq. Ft.
4,870
Sq. Ft.
$216
per Sq. Ft.

Description

Located in the thriving and family-friendly suburb of Garner, NC, this multi-family property at 110 & 112 Avery Street offers an exceptional investment with immediate cash flow. Recently renovated, this portfolio includes a diverse unit mix of 9 total units with 15 beds, enhancing its appeal to a wide range of potential tenants. Key features include:
Total Area: 0.56 Acres
Unit Details: 2 units of 3bed/1bath, 2 units of 2bed/1bath, 5 units of 1bed/1bath
Recent Renovations: $268,000 spent on capital
...Located in the thriving and family-friendly suburb of Garner, NC, this multi-family property at 110 & 112 Avery Street offers an exceptional investment with immediate cash flow. Recently renovated, this portfolio includes a diverse unit mix of 9 total units with 15 beds, enhancing its appeal to a wide range of potential tenants. Key features include:

Total Area: 0.56 Acres

Unit Details: 2 units of 3bed/1bath, 2 units of 2bed/1bath, 5 units of 1bed/1bath

Recent Renovations: $268,000 spent on capital improvements including new sewer lines, roofing, exterior paint, HVAC units, and more. Location Advantages: Walking distance to downtown Garner, less than 15 minutes drive to downtown Raleigh, close proximity to Highway 70 and 40. Income: $68,989.62 NOI prior to closing. Please note that the total above and below grade finished area will be finalized on Thursday, as a floor plan specialist will be measuring the property

Please contact co-listing agent for more information and financials: Charles Bartscher, 919-395-5498, charles@cityplat.com

Property Details for 110-112 Avery Street

Subdivision
Not in a Subdivision

Location

Listing Courtesy of CityPlat
Add your commute
LISTING UPDATED: 05/07/2024 02:19 AM

Property Details for 110-112 Avery Street

StatusActive
MLS #10027620
Days on Market64
Taxes$5,352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1938
Lot Size0.56 AC / 24,393 SF
CountyWake County

Location

Listing Courtesy of CityPlat
Add your commute

Building Information for 110-112 Avery Street

Stories-Residences-Year Built1938Building Size-Lot Size0.56 AC / 24,393 SF

Payment Calculator

$6,182 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,736

Property Taxes

$446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 110-112 Avery Street

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.7113
  • Longitude: -78.610807
Taxes and HOA Information
  • Tax Annual Amount: $5,352.40
  • Lot Number: See Deed
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
Parking
  • Open Parking: Yes
  • Parking Features: Common
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 4870.0
  • Architectural Style: Cottage
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1711536909 & 711546026
Property and Assessments
  • New Construction: No
  • Photos Count: 24
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Other
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick
Interior Features
  • Levels: Multi/Split, One
  • Basement Description: Crawl Space, Finished, Heated, Partial, Unfinished
  • Flooring: Vinyl
  • Cooling: Varies by Unit
  • Cooling?: Yes
  • Heating: Central, Other
  • Heating?: Yes
  • Spa: No
  • Interior: Common, Brick
  • Equipment: Common
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Unit Type Description: See remarks
Unit Two
  • Unit Two: Unit Type Description: See remarks
Unit Three
  • Unit Three: Unit Type Description: See remarks
Unit Four
  • Unit Four: Unit Type Description: See remarks

Property History for 110-112 Avery Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 110-112 Avery 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 - 9 to 12
Rating
School
Distance
Creech Road Elementary
PublicPK to 5

North Garner Middle
Public6 to 8

Garner High
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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110-112 Avery Street is a multi-family home for sale in Garner, NC 27529. This property was listed for sale on March 25, 2024 by CityPlat, it's currently listed at $1,051,000. This listing's school district is Wake County School District. Nearby schools include Creech Road Elementary, North Garner Middle and Garner High. 110-112 Avery Street is a 15-bed, 9-bath, 4,870 sqft multi-family home built in 1938.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CityPlat

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.