Bought with Coming Home Realty & PM
$530,000
$515,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5125 Simmons Branch Trail Raleigh, NC 27606
6 Beds
6 Baths
2,488 SqFt
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $213
Subdivision Simmons Branch Townhomes
MLS Listing ID 10030476
Sold Date 10/17/24
Bedrooms 6
Full Baths 6
Abv Grd Liv Area 2,488
Year Built 1986
Annual Tax Amount $1,362
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Source Triangle MLS
Property Description
5125 & 5127 Simmons Branch is a ''zero-lot-line'' duplex featuring two, town home-style units on separate tax parcels. This offers investors the opportunity to acquire a rental investment property with the ability to resale the town home units individually. Each unit features 3-beds and 3-baths of 1,244 SF. Unit 5125 is rented at $1,600, with the lease expiring 1/31/25. Unit 5127 is rented for $1,600 with a move in date of 6/1/24 and lease expiration of 5/30/25. The roof was replaced in 2021 and both units feature recent updates. See documents for a complete list of improvements and replacements. The owner is also selling the duplexes at 5128/5130 Lundy and 5138/5140 Lundy Drive. Information about these additional properties can be found in the documents folder. The properties can be purchased as individual duplexes, or as a package.
Location
State NC
County Wake
Direction From I440, go north on Jones Franklin then turn right onto Lundy Dr. Property is on the corner of Lundy and Simmons Branch
Interior
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood, Vinyl
Appliance Dishwasher, Range, Refrigerator, Washer/Dryer Stacked, Water Heater
Exterior
View Y/N Yes
Roof Type Shingle
Private Pool No
Building
Faces From I440, go north on Jones Franklin then turn right onto Lundy Dr. Property is on the corner of Lundy and Simmons Branch
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories 2
Structure Type Masonite
New Construction No
Others
Tax ID 0783382534
Special Listing Condition Standard
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