tomo logo

$246,244Estimated home value

Beds
15
Baths
9.0
sq ft
4,934

110 & 112 Avery Street, Garner, NC 27529

110 & 112 Avery Street

Garner, NC 27529

  • Off market
Located in the thriving and family-friendly suburb of Garner, NC, this multi-family property at 110 & 112 Avery Street offers an exceptional investment with immediate cash flow. Recently renovated, this portfolio includes a diverse unit mix of 9 total units with 15 beds, enhancing its appeal to a wide range of potential tenants. Key features include: Total Area: 0.56 Acres Unit Details: 2 units of 3bed/1bath, 2 units of 2bed/1bath, 5 units of 1bed/1bath Recent Renovations: $268,000 spent on capital improvements including new sewer lines, roofing, exterior paint, HVAC units, and more. Location Advantages: Walking distance to downtown Garner, less than 15 minutes drive to downtown Raleigh, close proximity to Highway 70 and 40. Income: $68,989.62 NOI prior to closing. Please contact co-listing agent for more information and financials: Charles Bartscher, 919-395-5498, charles@cityplat.com

Details

Property type

Apartment

Est. home value

$246,244

Lot size

0.56 acres

Price per sq ft

$202

Year built

1938

Annual property taxes

$5,352.4

Price History

09/10/2024
TriangleMLS

TriangleMLS #10027620

Removed
$995,000
07/18/2024
TriangleMLS

TriangleMLS #10027620

Price change
$995,000
+4.74%
06/28/2024
TriangleMLS

TriangleMLS #10027620

Price change
$950,000
-9.61%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Kiavi Funding Inc

Loan start date

April 2023

Original loan amount

$294,100

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Building or Construction Loan

Seller

Abiel Llc and North Carolina Limited Liability Company

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 8:40 PM

Listing updated: 09/09/2024 at 1:43 PM

Listed by: Graham Storey, CityPlat Phone #: (919) 743-0030

MLS: TriangleMLS #10027620

TriangleMLS logo

Recently listed in Garner

$363,907|3 bd|2.5 ba|Townhouse
$363,907|3 bd|2.5 ba|Townhouse
$380,514|3 bd|2.5 ba|Townhouse
$377,414|3 bd|2.5 ba|Townhouse
$398,829|3 bd|2.5 ba|Townhouse
$396,829|3 bd|2.5 ba|Townhouse
$800,000|4 bd|3.0 ba|House
$449,900|4 bd|2.5 ba|House