For Sale
$1,250,000
1600 Poole Rd Raleigh, NC 27610
Eight-unit apartment building, prime Raleigh location.
Overview
- Added:
- Dec 10, 2024
- Days on market:
- 139
Highlights
- Significant capital expenditures in the last five years, including roof replacement, cosmetic improvements, and six HVAC unit replacements.
- All units feature washer/dryer hookups.
- Below-market rents; current average rent is $1,057, compared to a Raleigh fair market rent of $1,646 for a two-bedroom unit.
- 100% occupancy.
- Five units boast recent paint and new luxury vinyl plank (LVP) flooring.
- Open floor plans in all units.
Property Details for 1600 Poole Rd
- Property type
- Apartment buildings
- Square Feet
- 5,900 SF
- Class
- C
- Year Built
- 1984
- Lot Size (sq. ft)
- 19,602 SF
- Units
- 8
Location Insight
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Latitude
- 35.7779933
- Longitude
- -78.6159412
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Eight-unit apartment building, prime Raleigh location.
- Where is the apartment building located?
- The property is located at 1600 Poole Rd Raleigh, NC.
- What is the asking price?
- The asking price for this property is $1,250,000.
- What are key features of this property?
- This property features: Significant capital expenditures in the last five years, including roof replacement, cosmetic improvements, and six HVAC unit replacements.; All units feature washer/dryer hookups.; Below-market rents; current average rent is $1,057, compared to a Raleigh fair market rent of $1,646 for a two-bedroom unit.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].