Located in the thriving and family-friendly suburb of Garner, NC, this multi-family property at 110 & 112 Avery Street offers an exceptional investment with immediate cash flow. Recently renovated, this portfolio includes a diverse unit mix of 9 total units with 15 beds, enhancing its appeal to a wide range of potential tenants.
Key features include:
Total Area: 0.56 Acres
Unit Details: 2 units of 3bed/1bath, 2 units of 2bed/1bath, 5 units of 1bed/1bath
Recent Renovations: $268,000 spent on capital improvements including new sewer lines, roofing, exterior paint, HVAC units, and more.
Location Advantages: Walking distance to downtown Garner, less than 15 minutes drive to downtown Raleigh, close proximity to Highway 70 and 40.
Income: $68,989.62 NOI prior to closing.
Please note that the total above and below grade finished area will be finalized on Thursday, as a floor plan specialist will be measuring the property
Please contact co-listing agent for more information and financials: Charles Bartscher, 919-395-5498, [email protected]
Property Type :
Residential Income
Subdivision :
Not In A Subdivision
County :
Wake
Style :
Residential Income
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ByOwner last updated this listing 05/19/2024 @ 10:27
MLS: 10027620
LISTED BY: Graham, CityPlat
SOURCE: Triangle MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
