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Sold for $540,000 on 01/10/25
  • $540,000

    619 Rawls Dr, Raleigh, NC 27610

    3beds
    1,991sqft
    Duplex, Multi Family
    Built in 2007
    -- sqft lot
    $534,500 Zestimate®
    $271/sqft
    $2,042 Estimated rent

    What's special

    Location...Location!!! Come explore the possibilities for your next investment! Conveniently located inside the beltline and approximately 200 yards from the bus stop. Fully renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1724/mo - expires 10/31/24 but will be renewing lease. Unit 102 - $1950/mo-expires 08/31/2025. Tenants are interested in extending lease to be agreed upon with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and is competitively priced at a 7% Cap, based on detailed NOI. Buyer must purchase identical property next door at 623 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.

    Zillow last checked: 7 hours ago

    Listing updated: February 18, 2025 at 06:26am

    Listed by:

    Nathan Becker 919-889-0059,

    BIG Realty Company

    Bought with:

    Samuel Spangler Duncan, 306385

    DASH Carolina

    Source: Doorify MLS,MLS#: 10050682MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Electric
    Features
    • Flooring: Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,991
    • Total interior livable area: 1,991 sqft
    • Finished area above ground: 1,991
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: 1723265917
    • Zoning: R-6
    • Special conditions: Seller Licensed Real Estate Professional

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Raleigh
    • Subdivision: Not in a Subdivision
    Services availability
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    Estimated market value

    $534,500