7404 Chapel Hill Road E & F
Raleigh, NC
Others for Sale - $335,900
Property Info
CIMLS# | 1030215 |
Location 7404 Chapel Hill Road E & F Raleigh NC 27607 | |
Updated | April 2nd, 2019 |
Type | Others |
Price | $335,900 |
Property Description
Opportunity to own a fully leased investment property in West Raleigh minutes from Downtown Cary. Two Floors with +/- 1947 SF plus over 1000 SF of storage space in unfinished basement. . Renovations include the latest shades in grey for paint and flooring. New 3 year lease in place with an option to renew for 3 years. NOI is $22,558. Cap rate 6.7% Lease Terms: Tenant pays utilities, janitorial, voice/data, alarm monitoring and HVAC maintenance agreement. Owner pays taxes and association dues.