Thomas
Deaton Investment Real Estate
919-847-1117
5125 & 5127 Simmons Branch is a ''zero-lot-line'' duplex featuring two, town home-style units on separate tax parcels. This offers investors the opportunity to acquire a rental investment property with the ability to resale the town home units individually. Each unit features 3-beds and 3-baths of 1,244 SF. Unit 5125 is rented at $1,600, with the lease expiring 1/31/25. Unit 5127 is rented for $1,600 with a move in date of 6/1/24 and lease expiration of 5/30/25. The roof was replaced in 2021 and both units feature recent updates. See documents for a complete list of improvements and replacements. The owner is also selling the duplexes at 5128/5130 Lundy and 5138/5140 Lundy Drive. Information about these additional properties can be found in the documents folder. The properties can be purchased as individual duplexes, or as a package.
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Total Baths: 6
Full Baths: 6
Roof : Shingle
Appliances : Dishwasher, Range, Refrigerator, Washer/Dryer Stacked, Water Heater
Shingle
Carpet, Hardwood, Vinyl
Heating: Central, Forced Air, Natural Gas
Cooling: Central Air
WaterSource: Public
Year Built: 1986
Construction: Masonite
Foundation Details: Brick/Mortar
Lot Size Area: 9147.6
Lot Size Units: Square Feet
Lot Square Feet: 9,148
Lot Acres: 0.21
Stories: 2
Main Square Feet: 9147.6
Property Type: Residential Income
Sub Type: Duplex
Style: Cottage
SQ ft (Living Area): 2,488
Subdivision: Simmons Branch Townhomes
Parcel Number: 0783382534
Annual Tax: $1362.88
Driveway, Off Street
Direction: From I440, go north on Jones Franklin then turn right onto Lundy Dr. Property is on the corner of Lundy and Simmons Branch
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 | -- |
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ByOwner last updated this listing 06/16/2024 @ 00:42
MLS: 10030476
LISTED BY: Thomas, Deaton Investment Real Estate
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.