Located between Downtown Raleigh and NC State's campus this property's prime location offers multiple options for future redevelopment. Currently the building operates as a triplex. Unit A, 2 BD/1 BA, $1010/mo, lease expires 7/31/18. Unit B, 2 BD/1 BA, $975/mo, lease expires 6/15/18, Unit C, efficiency, $500/mo, lease expires 9/30/17. Total current rent = $2,485/mo. Owner pays water apprx. $150/mo. Tenants reimburse owner for water at apprx. $25/person/mo.
Off market
$900,200
725 W Morgan St, Raleigh, NC 27603
--beds
0baths
2,625sqft
MultiFamily
Built in 1920
-- sqft lot
$900,200 Zestimate®
$343/sqft
$2,089 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Heat pump, Electric, Gas
Appliances
- Included: Dryer
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,625 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,969 sqft
Details
- Parcel number: 1703383827
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Raleigh
Other
Other facts
- A/C: Window Unit(s), Central Air
- Foundation: Crawl Space, Basement
- Parking: Off Street Parking
- Unit 1 Information: 1 Bath, 2 Bedroom
- Unit 2 Information: 1 Bath, 2 Bedroom
- Water/Sewer: City Sewer, City Water
- Type: Triplex
- Subdivision: Not in a Subdivision
- Unit 3 Information: 1 Bath, 1 Bedroom, Efficiency
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$900,200