Average square foot calculated using Size range provided by listing agent.
Description
Rare opportunity to own a North Raleigh duplex at 8125 & 8127 Perry Creek Rd with excellent rental potential! One unit was fully remodeled top to bottom in 2022, including new roof, HVAC, plumbing, bathrooms, flooring, and kitchen updates. The second unit has been recently improved with a new HVAC system, new laminate flooring downstairs, new carpet upstairs and stairs, freshly painted kitchen cabinets, and fresh interior paint throughout. Both units are vacant and ready to rent, each projected at approximately $1, 700/month ($3, 400/month total). At the $650K list price, the property offers an estimated ~6.3% cap rate. Both properties are deeded separately but must be purchased together, making this ideal for investors seeking strong cash flow, a 1031 exchange, or buyers looking to live in one side while renting the other. No HOA, private yards, and a prime location near Capital Blvd and I-540. A fantastic addition to any portfolio!Show Description