4800 Hoyle Drive Pending

Raleigh,NC 27604

$ 525000

8 Beds

4 Baths

3180 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,180 sqft

Price per Sqft $165

Subdivision Pepperdine

MLS Listing ID 10056423

Bedrooms 8

Full Baths 4

Year Built 1982

Annual Tax Amount $4,372

Lot Size 0.560 Acres

Property Description

Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400 per month. Tenants pay their own utilities. Driveway is shared with the adjacent quad which is also for sale.

Location

State NC

County Wake

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Carpet,Laminate,Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Masonite

New Construction No

Others

Special Listing Condition Standard

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