$775,000
 $4,160 est/mo Sourced by Back At You

720 S State Street,Raleigh, NC 27601

Raleigh, NC 27601

Share:

Description

Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined income ($68,040/year) already in place with leases into 2027. Unit 101: 4BR/4BA at $1795/mo. Unit 102: 4BR/4BA at $1,795/mo. Unit 103: 3BR/4BA at $1,695/mo. Bring your calculator and your offer Opportunities like this do not last long! Tenant occupied. Do not disturb tenants. Also check out building 718 S State St

Details

MLS #10188078
Listing TypeFor Lease
StatusPending
Year2008
Days On Site17
Listing Provided ByNorthside Realty Inc. | Stephanie Anson

Features

Bed(s)11
Bath(s) 12 Total
SQ Feet5,040
BasementY
Story(s)2
ZoningR-10
Acreage0.18

Interior

Interior FeaturesBathtub/Shower Combination
Heating Yes / NoNo
Cooling Yes / NoYes
CoolingCentral Air
Laundry FeaturesIn Unit

Exterior

RoofShingle
Foundation DetailsConcrete Perimeter
Construction MaterialsVinyl Siding

Parking

Attached Garage Yes / NoNo
Parking FeaturesParking Lot

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value720115
Tax Legal DescriptionLo171 Watson Land Bm1885-34
Tax Year2026
Tax Map Number171

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27601
AreaWake
Community NameWatsons Lands
School DistrictWake - William G Enloe High
Elementary SchoolWake - Hunter Elementary
High SchoolWake - William G Enloe High
Listing VS Median (in Watsons Lands)
Price:
$775,000
low | high
Med:
$775,000
50% of Average
sqft:
5,040
low | high
Med:
5,040
50% of Average
$ / sqft:
$154
low | high
Med:
$154
50% of Average
On site:
17
low | high
Med:
20.5
82.926829268293% of Average
Sourced by Back At You

Market Activity 27601

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Be Home Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

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.

Contact

Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27601
AreaWake
Community NameWatsons Lands
School DistrictWake - William G Enloe High
Elementary SchoolWake - Hunter Elementary
High SchoolWake - William G Enloe High
Listing VS Median (in Watsons Lands)
Price:
$775,000
low | high
Med:
$775,000
50% of Average
sqft:
5,040
low | high
Med:
5,040
50% of Average
$ / sqft:
$154
low | high
Med:
$154
50% of Average
On site:
17
low | high
Med:
20.5
82.926829268293% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $581K - $968K
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
718 S State Street Property Photo 1
$775,000
718 S State Street
Raleigh, NC 27601
Listing Updated: September 1, 2026 at 11:34:00 AM PDT