2005 Glenwood Ave - Specialty FOR SALE


Raleigh, NC 27608- Cameron Village
$850,000 USD
919-270-8230
2005 Glenwood Ave, Raleigh, NC for Sale
$850,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

NEW


2005 Glenwood Ave
Raleigh, NC 27608
Cameron Village


OVERVIEW

This 100 year old gem located 2 blocks from Raleigh's Five Points holds the opportunity for three rental units for a qualified investor. Main level is move in ready and will likely rent for $3200 per month. Seller will convert left side of massive detached garage into a 1 BR appt as sketched. Rental income for that unit will be $1600 per month WHILE keeping the 2 car garage for the main unit. Because of zoning, buyers may add a third unit to this property either a basement apartment or convert the 2 car garage. The city is currently restoring the alley which will allow for quiet private access and plenty of parking for this property. The possibilities make this one a must see!

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$556 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Unique Multi Family Opportunity in Raleigh

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

1704.06-49-0392-000

ASK ABOUT THIS PROPERTY

Bill BoydBoyd Brokerage Associates, LLCMore Info
919-270-8230

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Bill BoydBoyd Brokerage Associates, LLCMore Info
919-270-8230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.