$775,000
$795,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
18231825 Arlington ST Raleigh, NC 27608
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2522051
Sold Date 01/04/24
HOA Y/N No
Year Built 1947
Annual Tax Amount $5,124
Property Sub-Type Duplex
Source Doorify MLS
Property Description
Ideally located duplex in Hayes Barton. Many updates/improvements have been made over the last few years. There is a 600 SqFt daylight basement on each side for possible renovations… once finished, it would meaningfully increase the rental income. Great investment property that also has the option to be turned into a 5 bedroom single family home w/ a down stairs master. Several properties on the street and near by have been turned from duplexes into great SF homes like the property to the left that originally had very similar floor plans to this gem (see sketches in Docs).Some updates to highlight: HVACs replace (1823 - 2023 and 1825 - 2019), 2020 replaced all exterior rake and facia trim, Installed “on demand” gas water heaters in 2018, all windows have been replaced. Note 1825 has been painted and is ready to rent out but was left vacant so new owner can renovate the property however they would like or pick the rent rate. 1823 (left side) has a lease in place until Jan 31, 2024 but is willing to move out sooner if moving costs are covered. Both units will be open 1:30-3pm on Friday, July 21
Location
State NC
County Wake
Community Not In A Subdivision
Zoning R-10
Interior
Cooling Central Air
Flooring Hardwood, Tile, Vinyl
Fireplace No
Exterior
Garage Spaces 1.0
Total Parking Spaces 1
Garage No
Building
Foundation Slab
Water Public
New Construction No
Schools
Elementary Schools Wake - Lacy
Middle Schools Wake - Oberlin
High Schools Wake - Broughton
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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