4724 Hoyle Dr, Raleigh, NC 27604

Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400 per month. Tenants pay their own utilities. Driveway is shared with the adjacent quad which is also for sale.