Description
Prime 5-unit multifamily investment opportunity in Garner located just behind the Garner Performing Arts Center. This income-producing property offers strong rental potential with two units currently rented at $1,150 per month (month-to-month) and three units ready for immediate occupancy. Two of the units are fully renovated. Excellent location with strong rental demand: Approximately 3 miles from the Amazon warehouse in Garner Only 7 minutes from major shopping and dining Convenient access to downtown Garner and Raleigh Units include 615 A & B, 609 A & B, 617, and 613. With the remaining units leased at market rates, the property has the potential to generate approximately $6,000+ in monthly rental income. Great opportunity for investors looking for cash flow and growth potential in a rapidly growing area. Property is sold as is
Details
| MLS # | 10150499 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1943 |
| Days On Site | 174 |
| Listing Provided By | Real Triangle Properties LLC | Purvi Thakar |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 4,624 |
| Story(s) | 1 |
| Zoning | MF-A |
| Acreage | 0.55 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Other |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 388549 |
|---|---|
| Tax Legal Description | Lo1 Prop W A Weston Bm1984-1942 |
| Tax Year | 2025 |
| Tax Map Number | 1 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Community Name | Weston |
| Listing VS Median (in Weston) | |
Price: $775,000 low | high Med: $775,000 sqft: 4,624 low | high Med: 4,624 $ / sqft: $168 low | high Med: $168 On site: 174 low | high Med: 174 | |
Market Activity 27529
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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Garner |
| Zip Code | 27529 |
| Area | Wake |
| Community Name | Weston |
| Listing VS Median (in Weston) | |
Price: $775,000 low | high Med: $775,000 sqft: 4,624 low | high Med: 4,624 $ / sqft: $168 low | high Med: $168 On site: 174 low | high Med: 174 | |
 | $863,9600 Cofield AlleyGarner, NC 27529 |
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
