Active

110 & 112 Avery Street

Garner NC, 27529

$1,051,000


$215.81 per sqft

Active

15 Beds

9 Baths

4,870 sqft

Condo

Built in 1938

Listing courtesy of CityPlat

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]

10027620

MLS ID

March 25, 2024

Listed

May 9, 2024

Updated

Map

110 & 112 Avery Street
Garner NC, 27529

Interior Features

Total Stories

1


Bedrooms

15


Total Bathrooms

9


Full Bathrooms

9


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Varies by Unit


Heating

Yes


Heating Description

Central, Other

Exterior/Building Features

Lot Size

0.56 Acres


Architectual Style

Cottage


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$5,352


Tax Frequency

Annually


Days on Market

43


Garage

No


Parking

Common


View

No


County

Wake


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Listed by Graham Storey, , CityPlat.

Based on information from Triangle MLS, Inc. as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated 5:43 AM UTC, 5/9/2024

 

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