Under Contract
1823-1825 Arlington Street
Raleigh NC, 27608
$795,000
$297.75 per sqft
Under Contract
2,670 sqft
Multi-family
Built in 1947
Listing courtesy of Ivey Residential
Ideally located duplex in Hayes Barton. Many updates/improvements have been made over the last few years. There is a 600 SqFt daylight basement on each side for possible renovations… once finished, it would meaningfully increase the rental income. Great investment property that also has the option to be turned into a 5 bedroom single family home w/ a down stairs master. Several properties on the street and near by have been turned from duplexes into great SF homes like the property to the left that originally had very similar floor plans to this gem (see sketches in Docs).Some updates to highlight: HVACs replace (1823 - 2023 and 1825 - 2019), 2020 replaced all exterior rake and facia trim, Installed “on demand” gas water heaters in 2018, all windows have been replaced. Note 1825 has been painted and is ready to rent out but was left vacant so new owner can renovate the property however they would like or pick the rent rate. 1823 (left side) has a lease in place until Jan 31, 2024 but is willing to move out sooner if moving costs are covered. Both units will be open 1:30-3pm on Friday, July 21
2522051
MLSⓇ ID
July 18, 2023
Listed
October 7, 2023
Updated
Map
1823-1825 Arlington Street
Raleigh NC, 27608
Interior Features
Interior Features
1 Bath, 2 Bedroom, Dining Room, Extra Storage, Kitchen, Living Room
Appliances
Dishwasher, Disposal, Range/Oven, Refrigerator
Laundry Description
W/D Connection
Floor Description
Hardwood, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.24 acres
Exterior Features
Deck, Patio
Sewer
City Sewer
Other Property Details
Taxes
$5,124
Tax Frequency
Annually
Days on Market
80
Garage
No
Parking
1 space/Unit
View
No
County
Wake
Water Source
City Water
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/7/2023 | Under Contract | — |
9/21/2023 | Price Change | $795,000 -7% |
8/21/2023 | Price Change | $850,000 -3% |
7/31/2023 | Price Change | $875,000 -3% |
Listed by Reef IV, Ivey Residential.
Based on information from Triangle MLS, Inc. as of 10/7/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 6:13 PM UTC, 10/7/2023