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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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708 Hawes Ct , Raleigh, NC 27608
$1,200,000
Est. Payment: $2,666.67/mo
8 Bed
8 Bath
4166 Sqft
Status: Active | Days on site: 5
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75083 - 90480,109492
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House Description

Four units. One building. One very good investment opportunity. Channel your inner Wolf in Wall Street- minus the questionable decisions- and take a look at 708 Park & Oak. This renovated 4 unit condo building is being offered as one investment package, with all four units currently leased. Each townhome style condo features 2 bedrooms, 1.5 baths, renovated, and a practical layout designed for easy living and strong rental appeal. In other words: the renovation is done, the tenants are in place, and you can skip the part where someone asks, "So... what's the rehab budget?" Located in Raleigh's highly desirable Five Points area, Park & Oak puts residents close to neighborhood restaurants, shopping, parks, greenways, and all the reasons this part of Raleigh continues to be such a popular place to live. Four renovated units. Four income producing doors. One opportunity to add a turnkey asset to your portfolio. As they say in The Wolf of Wall Street: "Pick up the phone." Your next investment might just be calling.

Highlights

Listed by Ashley Denny , 336-918-3216 and Arden P Shelton , 828-545-0689 Choice Residential Real Estate , 919-720-4991.

Property Type

Multi-Family

HOA Fee

1209 Monthly

Year Built

1968

County

Wake

Neighborhood

Park and Oak at Five Points Condominium

Listing ID

10192318

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:4
  • 1/2 Bathrooms:4
Air Cond:Central Air
Fireplaces:
Floor:Hardwood,Vinyl,Tile
Above Ground Sq Ft:4166
Below Ground Sq Ft:0
Basement:Crawl Space
Other:
  • Additional:Bathtub/Shower Combination, Eat-in Kitchen, Kitchen/Dining Room Combination, Living/Dining Room Combination, Quartz Counters, Recessed Lighting, Smooth Ceilings
Water:Public

Exterior Features

Roof:Shingle
Others:
  • Additional:Patio
Sewer:Public Sewer
Parking Features:Assigned,Parking Lot
Principal Interest
$2,667
Taxes
$765
HOA
$1,209

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,666.67 $765.00 $1,209.00 $4,640.67
Yearly $32,000.00 $9,180.00 $14,508.00 $55,688.00
Total $960,000.00 $275,400.00 $435,240.00 $1,670,640.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.