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123 Park 1306 Flint Pl 3 Unit Apartment Building $1,600,000 ($533,333/Unit) Raleigh, NC 27605
Investment Highlights
- 123 Park Ave is 2,304 sf with 6 beds and 3.5 baths
- 100% rented with continuous rental history
- 1306 Flint Pl is 1,412 sf with 3 beds and 2 baths
- Laundry facilities in both buildings
Executive Summary
Prime student-housing area two blocks from NC State, adjacent to Pullen Park and walking distance to Downtown Raleigh — high-demand, walkable location that commands consistent leasing from undergrad and graduate populations.
This exceptional investment opportunity has strong rental demand with long-term value appreciation. This charming property includes 3 units in 2 buildings, perfectly suited for a Student Housing Portfolio investor. Zoned R-10, it presents potential for future redevelopment.
This exceptional investment opportunity has strong rental demand with long-term value appreciation. This charming property includes 3 units in 2 buildings, perfectly suited for a Student Housing Portfolio investor. Zoned R-10, it presents potential for future redevelopment.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Fireplace
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Basement
- Den
- Dining Room
- Family Room
- Linen Closet
- Mud Room
- Porch
- Recreation Room
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 1703.05-19-2972-000 | Improvements Assessment | $190,341 |
| Land Assessment | $540,000 | Total Assessment | $730,341 |
Property Taxes
Parcel Number
1703.05-19-2972-000
Land Assessment
$540,000
Improvements Assessment
$190,341
Total Assessment
$730,341
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123 Park | 1306 Flint Pl
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