• 16 Red Lane Raleigh, NC 27606

  • $310,000
  • 4
    Bed(s)
  • 5
    Baths
  • 1,536
    Sq Ft
  • 871.2
    Sqft

This is a great rental property and has a great history for being rented over the last 20 years. The townhome is in good shape and has been well taken care of. Recently has had roof replaced. 24 hour notice is required. All units are rented until end of lease term which is 7/25/2024. Three of the units are paying $525/month and one is paying $549/month. The 4 new leases have been signed and start 8/14/2024 at $600/month and end 7/25/2025. Owner pays utilities except for internet.

Property Type :

Residential Income

Subdivision :

Red Wolf Crossing

County :

Wake

Style :

Residential Income

Sell a home like this and save $18,101 Find Out How

Property Details

 

Bathroom Information

Total Baths: 5

Full Baths: 4

Half Baths: 1

Interior Features

Bathtub/Shower Combination, Eat-in Kitchen

Roof : Asphalt

Appliances : Dishwasher, Electric Oven, Electric Water Heater, Refrigerator

Laundry Features: Laundry Closet

Roofing Information

Asphalt

Flooring Information

Carpet, Tile, Vinyl

Heating & Cooling

Heating: Central

Cooling: Central Air

WaterSource: Public

Building Information

Year Built: 2002

Construction: Vinyl Siding

Exterior Features

Foundation Details: Slab

Porch: None

Pool Information

None

Road Type

Asphalt

Fencing

None

Lot Information

Lot Size Area: 871.2

Lot Size Units: Square Feet

Lot Square Feet: 871

Lot Acres: 0.02

Stories: 3

Main Square Feet: 871.2

Property Information

Property Type: Residential Income

Sub Type: Townhouse

Style: Transitional

Structure Type: Townhouse

SQ ft (Living Area): 1,536

Subdivision: Red Wolf Crossing

Tax Information

Parcel Number: 0784105854

Annual Tax: $1875.18

Parking Information

Assigned, Paved, Permit Required

Homeowners Association Information

Association YN : Yes

Included Fees: Maintenance Grounds

Included Amenities: Landscaping

HOA : 150 Monthly

School Information

Elementary School: Wake County Schools

Junior High School: Wake County Schools

Senior High School: Wake County Schools

Utility Information

Cable Available, Electricity Available, Water Available

Location Information

Direction: Hillsborough Street towards Cary. Pass through the Hillsborough/Western intersection then cross over WEstern Blvd into Red Wolf Crossing. Take a right then take left onto Red Lane. Townhome is on the left.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2441 Campus Shore Drive.., Raleigh, NC,27606 $479,900 3 2 1,164 --
2441 Campus Shore Drive.., Raleigh, NC,27606 $479,900 3 2 1,164 --
9008 Penny Road, Raleigh, NC,27606 $975,000 4 3 3,124 1.15 Acres
9012 Penny Road, Raleigh, NC,27606 $1,075,000 5 4 3,429 1.24 Acres
611 Powell Drive, Raleigh, NC,27606 $6,000,000 -- -- -- 6.04 Acres
208 Grand Avenue, Raleigh, NC,27606 $575,000 3 3 1,665 4356 Sqft
208.5 Grand Avenue, Raleigh, NC,27606 $575,000 3 3 1,665 4356 Sqft
2404 Toll Mill Court, Raleigh, NC,27606 $1,600,000 4 7 4,557 30927.6 Sqft
5218 Bent Leaf Drive, Raleigh, NC,27606 $1,550,000 4 5 4,344 1.42 Acres
1283 Schaub Drive #A, Raleigh, NC,27606 $199,600 2 2 1,016 --

Copyright © 2022 by the Multiple Listing Service of the Triangle MLS, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Triangle MLS, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/08/2024 @ 15:10

MLS: 10029067
LISTED BY: Bo, TradeMark Residential
SOURCE: Triangle MLS
Buyer Agency Compensation: 2.4%
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.

Selling? Save $18,101 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion