5125 Simmons Branch, Raleigh, NC 27606

$515,000
6
BD
6
BA
2,488
SqFt

Seller Representative Deaton Investment Real Estate

List Price
$515,000
Days on Site
12
Status
PENDING
MLS#
10030476
Bedrooms
6
Bathrooms
6
Full-baths
6
Living Area
2,488
Lot Size
9,147
Subdivision
Simmons Branch Townhomes
Year Built
1986
Acres
0.21

Property Description

5125 & 5127 Simmons Branch is a ''zero-lot-line'' duplex featuring two, town home-style units on separate tax parcels. This offers investors the opportunity to acquire a rental investment property with the ability to resale the town home units individually. Each unit features 3-beds and 3-baths of 1,244 SF. Unit 5125 is rented at $1,600, with the lease expiring 1/31/25. Unit 5127 is rented for $1,600 with a move in date of 6/1/24 and lease expiration of 5/30/25. The roof was replaced in 2021 and both units feature recent updates. See documents for a complete list of improvements and replacements. The owner is also selling the duplexes at 5128/5130 Lundy and 5138/5140 Lundy Drive. Information about these additional properties can be found in the documents folder. The properties can be purchased as individual duplexes, or as a package.

Additional Information

Style
Cottage
Foundation
Brick/Mortar
Exterior Finish
Masonite
Parking
Driveway, Off Street
Special Conditions
Standard
Water Sewer
Public, Public Sewer
Flooring
Carpet, Hardwood, Vinyl
Roof
Shingle
Heating
Central, Forced Air, Natural Gas

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2024 Triangle MLS, Inc. of North Carolina. Data last updated .