Garner, NC 27529,1505 Harth Drive
Listed by INNOVATE Real Estate
Bought with Southern Realty Group Inc.

$365,000

Est. payment /mo

$384,900

5.2%
Est.Price: ?

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1505 Harth Drive Garner, NC 27529

4 Beds

3 Baths

2,120 SqFt

SOLD DATE : 07/29/2025

Key Details

Sold Price $365,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,120 sqft

Price per Sqft $172

Subdivision Malibu Valley

MLS Listing ID 10105100

Sold Date 07/29/25

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,120

Year Built 1978

Annual Tax Amount $3,682

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Duplex

Source Triangle MLS

Property Description

ATTENTION INVESTORS! PRICE IMPROVEMENT AND SELLER IS MOTIVATED. Rare Duplex offered in Garner at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with long term stable tenants with below market rents. Perfectly situated in a prime location near groceries and restaurants and a short drive or public transportation to major shopping like Target and Cabelas. Garner is a short drive to downtown Raleigh on Hwy 70/401 or major employers in the area like Amazon on the newly widened HWY 40. The current owners have made significant upgrades with over $40K in renovations the last 10 years including a new roof in 2024 and a full gut remodel on both units in 2016 featuring new kitchen and bathroom cabinets and appliances and all new windows throughout. New vapor barrier added May 2024; deck was upgraded May, 2025. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Location

State NC

County Wake

Direction Via New Bethel Church Rd. Turn right toward New Bethel Church Rd. Turn right onto New Bethel Church Rd. Turn right onto NC-50 N/Benson Rd. Turn left onto Atchison St. Turn right onto Harth Dr. HOME is on the RIGHT.

Rooms

Basement Crawl Space

Interior

Heating Electric

Cooling Electric

Flooring Carpet, Vinyl, Tile

Exterior

View Y/N Yes

Roof Type Shingle

Porch Deck, Porch

Private Pool No

Building

Faces Via New Bethel Church Rd. Turn right toward New Bethel Church Rd. Turn right onto New Bethel Church Rd. Turn right onto NC-50 N/Benson Rd. Turn left onto Atchison St. Turn right onto Harth Dr. HOME is on the RIGHT.

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Wake - Aversboro

Middle Schools Wake - East Garner

High Schools Wake - Garner

Others

Senior Community No

Tax ID 1710540294

Special Listing Condition Standard

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Doorify MLS / Triangle MLS
Conner Franck

Conner Franck

Agent | License ID: 332123

+1(434) 774-6593

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