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Crystal Braswell

crystal@crystalbraswell.com +1(919) 795-4558

Listed by EXP Realty LLC

$ 775,000

Est. payment | -/mo

8 Beds

12 Baths

4,172 SqFt

Save

$ 775,000

Est. payment | -/mo

Save

8 Beds

12 Baths

4,172 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,172 sqft

Price per Sqft $185

Subdivision Pepperdine

MLS Listing ID 10187813

Bedrooms 8

Full Baths 4

Half Baths 8

HOA Y/N No

Year Built 1983

Annual Tax Amount $6,088

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Quadruplex

Source Doorify MLS

Land Area 4172

Property Description

Raleigh quadplex with income in place and opportunity to capture current market rents! Two of the four 2-bedroom units are currently leased, including Unit A at $1,400/month and Unit D on a newly signed 2-year lease at $1,650/month. Incredible current market rate! The two remaining units are vacant, giving the next owner the flexibility to select their own tenants and lease at current market rates. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing, drainage improvements, and refreshed porches. Interior renovations throughout the property include updated kitchens, stainless steel appliances, LVP flooring, plumbing and electrical updates, newer HVAC systems, and additional cosmetic improvements. Each unit features 2 bedrooms with a unique layout offering each bedroom its own private sink and toilet area with a shared connecting tub/shower. Renovated Unit C features LVP throughout and is ready for its next occupant, while Unit B offers additional value-add potential for the next owner. With existing rental income, a newly secured 2-year lease, two vacant units ready for the next leasing strategy, and substantial improvements already completed, 4304 Presley Court offers an attractive combination of stability and upside for its next investor. See attached improvements list for additional details.

Location

State NC

County Wake

Community Pepperdine

Area 0.48

Interior

Cooling Electric, Heat Pump

Flooring Carpet, Luxury Vinyl, Tile

Fireplace No

Exterior

Parking Features Asphalt, Assigned

Garage Spaces 8.0

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Story Two

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Wake - Lynn Road Elementary

Middle Schools Wake - Carroll Middle

High Schools Wake - Sanderson High

Others

Tax ID 172617120154000/0128077

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Schools and Properties Nearby

Contact US TO GET STARTED

Crystal Braswell

+1(919) 795-4558

crystal@crystalbraswell.com

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4304 Presley CT Raleigh, NC 27604

Crystal Braswell

Key Details

Location

Interior

Exterior

Building

Schools

Others

4304 Presley CT

Contact US TO GET STARTED

Download OUR MOBILE APP