Property Listing No Longer Available for Sale

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
UpdatedApril 2nd, 2019
TypeOthers
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.


Financials


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