Great Investment Opportunity! Quadraplex (4 townhome units) in Raleigh off Jones Franklin near I40. Each unit features kitchen, dining, living room, & 1/2 bath on main level, plus 2 bedrooms & 2 full bathrooms upstairs. Each unit has a deck overlooking the backspace. The unit photographed is the one unit that was renovated prior to listing. Other units are in need of varying levels of updates. In front of the building is parking for all 4 units. This unit is located in close proximately to NC State, Downtown Raleigh, RTP, and Cary. Similar units in the neighborhood had rented for $1370-$1450.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 5
- Basement Features: Crawl Space
Bathrooms
- Total Bathrooms: 2.5
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Appliances
- Dishwasher
- Oven
- Laundry Features: In Hall, Main Level
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Family Room
- Heating Features: Forced Air
- Heating: Yes
- Number of Fireplaces: 4
Interior Features
Exterior and Lot Features
- Patio And Porch Features: Front Porch, Porch
- Road Responsibility: Public Maintained Road
Land Info
- Lot Size Acres: 0.41
- Lot Size Square Feet: 17860
Garage and Parking
- Open Parking Spaces: 8
- Open Parking: Yes
- Parking Features: Parking Lot
- Parking Total: 8
School Information
- Elementary School: Wake - Dillard
- High School: Wake - Athens Dr
- Middle School: Wake - Dillard
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Annual Tax Amount: 4085.75
- Source Listing Status: Pending
- County: Wake
- Directions: Turn left onto Jones Franklin Rd. Turn left onto Dillard Dr. Turn left onto Tryon Rd. Turn right onto Dover Farm Rd. Turn left. Turn right. HOME will be on the LEFT.
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Wayneridge
- Parcel Number: 0783118126
- Postal City: Raleigh
- Postal Code Plus 4: 0003
- Subdivision: Wayneridge
- Property Subtype: Quadruplex
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 4002
- Year Built: 1984
- Above Grade Finished Area: 4002
- Building Area Total: 4002
- Building Exterior Type: Brick, Vinyl Siding
- Common Walls: 2+ Common Walls
- Construction Materials: Brick, Vinyl Siding
- Levels: Two
- Property Age: 40
- Roof: Shingle
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public
