For Sale
$1,100,000

4258 Louisburg Rd Raleigh, NC 27604

High-yield multi-family, excellent location.

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a 1.78-acre property located at 4258 Louisburg Road in Raleigh, NC, priced at $1,100,000. The property is zoned CX-3 (detailed zoning information available upon request) and boasts a strong rental history with a waiting list of prospective tenants. Currently generating a monthly rental income of $4,500, this six-unit property offers immediate cash flow. Each of the six units features a consistent floor plan, including two bedrooms and one full bathroom. The existing month-to-month leases provide flexibility for the new owner, with all current tenants expressing a desire to renew their leases. This presents a unique opportunity to secure long-term tenants while pursuing commercial development plans, leveraging the property's prime location and high demand. The property's proximity to the 540 highway provides excellent accessibility and further enhances its investment potential. This is an ideal opportunity for investors seeking immediate returns and long-term appreciation in a thriving Raleigh commercial area. Detailed financial records and zoning information are available for qualified buyers.

Property Details for 4258 Louisburg Rd

Property type
Investment properties
Year Built
1960
Lot Size (sq. ft)
77,537 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.84104
Longitude
-78.5769

FAQs

What type of property is this?
Investment property - High-yield multi-family, excellent location.
Where is the investment property located?
The property is located at 4258 Louisburg Rd Raleigh, NC.
What is the asking price?
The asking price for this property is $1,100,000.
How can I contact the broker?
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4258 Louisburg Rd
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