4005 4001st, Unit 3915

Raleigh, NC 27610

$1,095,000
Price
10
Beds
5
Baths
4,000 Sq. Ft.
$274 / Sq. Ft.
4,000
Sq. Ft.
$274
per Sq. Ft.

Description

5 DETACHED HOMES (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land off New Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes before they can be occupied. Being sold 'as is'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new...5 DETACHED HOMES (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land off New Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes before they can be occupied. Being sold 'as is'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to be in one of Raleigh's redevelopment areas. Please check https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance.

Property Details for 4005 4001st, Unit 3915

Waterfront
No
Subdivision
Beacon Lake

Location

Listing Courtesy of Real Triangle Properties LLC
Add your commute
LISTING UPDATED: 05/07/2024 03:28 AM

Property Details for 4005 4001st, Unit 3915

StatusActive
MLS #10027420
Days on Market15
Taxes$4,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1968
Lot Size-
CountyWake County

Location

Listing Courtesy of Real Triangle Properties LLC
Add your commute

Building Information for 4005 4001st, Unit 3915

Stories1Residences5Year Built1968Building Size-Lot Size-

Payment Calculator

$6,361 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4005 4001st, Unit 3915

Summary
Location and General Information
  • Zoning: R-4
  • Directions: FROM 440 BELTLINE, take Exit 13B, New Bern Avenue (Hwy 64 Business). TURN RIGHT ON BEACON LAKE DRIVE, RIGHT ON THELMA. LEFT ON VIRGINIA STREET.
  • Subdivision Name: Beacon Lake
  • Latitude: 35.794673
  • Longitude: -78.57382
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,618.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 121
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2024-05-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 17 years
School Information
  • Elementary School: Wake - Partnership
  • Middle Or Junior School: Wake - Moore Square Museum
  • High School: Wake - S E Raleigh
Parking
  • Open Parking: Yes
  • Parking Features: Off Street
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 4000.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1724643495
Property and Assessments
  • New Construction: No
  • Photos Count: 13
  • 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: Vinyl Siding
  • Foundation Details: Block
  • Pool Private: No
  • Roof: Fiberglass
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric, Forced Air, Natural Gas
  • Heating?: Yes
  • Spa: No
  • Interior: Off Street, Vinyl Siding
  • Equipment: Off Street
Multi Family
Unit Information
  • Total Units: 5
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
Units Information
Unit One
  • Unit One: Above Grade Finished Area: 742.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Below Grade Finished Area: 0.0
  • Unit One: Living Area: 742.0
  • Unit One: Other Above Ground Area: 742.0
  • Unit One: Other Below Ground Area: 0.0
  • Unit One: Total Other Area: 0.0
  • Unit One: Unit Type Total Rent: 750.0
Unit Two
  • Unit Two: Above Grade Finished Area: 742.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Below Grade Finished Area: 0.0
  • Unit Two: Living Area: 742.0
  • Unit Two: Other Below Ground Area: 0.0
  • Unit Two: Total Other Area: 0.0
  • Unit Two: Unit Type Total Rent: 775.0
Unit Three
  • Unit Three: Above Grade Finished Area: 742.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Below Grade Finished Area: 0.0
  • Unit Three: Living Area: 742.0
  • Unit Three: Other Below Ground Area: 0.0
  • Unit Three: Unit Type Total Rent: 0.0
Unit Four
  • Unit Four: Above Grade Finished Area: 1484.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Below Grade Finished Area: 0.0
  • Unit Four: Living Area: 1484.0
  • Unit Four: Other Below Ground Area: 0.0
  • Unit Four: Total Other Area: 742.0
  • Unit Four: Unit Type Total Rent: 0.0

Property History for 4005 4001st, Unit 3915

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4005 4001st, Unit 3915

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Partnership Elementary
PublicK to 5

Moore Square Museum Magnet Mid
Public6 to 8

Southeast Raleigh High
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.

Similar Homes

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Similar Sold Homes

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4005 4001st, Unit 3915 is a multi-family home for sale in Raleigh, NC 27610. This property was listed for sale on May 5, 2024 by Real Triangle Properties LLC, it's currently listed at $1,095,000. This listing's school district is Wake County School District. Nearby schools include Partnership Elementary, Moore Square Museum Magnet Mid and Southeast Raleigh High. 4005 4001st, Unit 3915 is a 10-bed, 5-bath, 4,000 sqft multi-family home built in 1968.

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 Real Triangle Properties LLC

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.