This Multifamily Property is no longer advertised on LoopNet.com.

1106 Garner Rd
Raleigh, NC 27601
Downtown Raleigh Quad · Multifamily Property For Sale · 4 Units

Investment Highlights

  • RARE 4-UNIT BUILDING IN DOWNTOWN RALEIGH surrounded by new construction and tremendous neighborhood revitalization
  • Will be delivered vacant, ready for new owner to update the units and capitalize on the area's rapidly rising rents and continuous appreciation
  • Situated in Downtown Raleigh within one mile from Downtown South, a multiphase mixed-use entertainment district currently in development
  • SITUATED INSIDE RALEIGH'S "OPPORTUNITY ZONE" which includes several tax advantages and investment benefits
  • Can be purchased using standard residential agency financing, no commercial loan required

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 2,800 SF
No. Stories 2
Year Built/Renovated 1955/1998
Zoning R-10

Amenities

Unit Amenities

  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Property Taxes

Property Taxes

Parcel Number
1703.16-94-1196-000
Land Assessment
$267,750
Improvements Assessment
$58,223
Total Assessment
$325,973
  • Listing ID: 33471583

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 1106 Garner Rd, Raleigh, NC 27601

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