Bought with Deaton Investment Real Estate
$515,500
$525,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4800 Hoyle Drive Raleigh, NC 27604
8 Beds
4 Baths
3,180 SqFt
Key Details
Sold Price $515,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $162
Subdivision Pepperdine
MLS Listing ID 10056423
Sold Date 01/09/25
Bedrooms 8
Full Baths 4
Abv Grd Liv Area 3,180
Year Built 1982
Annual Tax Amount $4,372
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type Quadruplex
Source Triangle MLS
Property Description
Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400 per month. Tenants pay their own utilities. Driveway is shared with the adjacent quad which is also for sale.
Location
State NC
County Wake
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Laminate, Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Private Pool No
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Masonite
New Construction No
Others
Tax ID 1726029725
Special Listing Condition Standard
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