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1225 Wake Forest Rd
Raleigh, NC 27604
1225 Wake Forest Road Quadruplex · Specialty Property For Sale
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2,933 SF
PROPERTY FACTS
ABOUT 1225 WAKE FOREST RD , RALEIGH, NC 27604
1225 Wake Forest Road is quadruplex consisting of four, one bedroom one bath apartments in the Mordecai neighborhood. The property was completely renovated to include; new roof, new individual central HVAC for each unit, significant plumbing repair and replacement, granite counter tops and stainless sinks, hardwoods refinished, painted, and much more in 2017. This property is positioned well for a long-term hold with only tenant transition and minor repairs expected for at least 10 years. The property is less tan 1 mile north of Krispy Kreme and walkable to much of what downtown has to offer. It is also located 2 lots north of the Gables Motor Lodge that is currently being planned as a boutique hotel. This is a great property for your exchange clients.
PROPERTY TAXES
| Parcel Number | 1704.16-94-4892-000 | Improvements Assessment | $415,764 |
| Land Assessment | $460,000 | Total Assessment | $875,764 |
PROPERTY TAXES
