Property Type:
Comm Sale or Lease
Square Footage:
2,034
Lot Size (sq. ft.):
466,092
Status:
Closed
Current Price:
$1,799,000
List Date:
7/27/2021
Last Modified:
10/03/2021
Overview
Description
Residential property for sale. Property includes 8 duplexes (2 unit per duplex) on over 10.7+ acres. Duplexes are all brick with new roofs put on in October 2019. The streets in the complex were paved around 2018. Each unit features 2 bedrooms and 1 bath with all appliances included, metal handrails on front and back and each unit has its own paved drive. The complex is located less than 2 miles from the 70 Bypass around Clayton which makes for a faster commute to Raleigh, Durham, and RTP. Also, it is located less than 5 miles from the town of Clayton but the power is with Duke Energy Progress. All buildings have their own well and septic except for one building which has county water. County water is also available to the other buildings if preferred. Landlord has elected to raise the rent only one time to existing tenants since 1995. Claytons current rental market for 2-bedroom units are around $1400 per month. One unit is being updated and that unit will explore new rental rate when rented.
Last Updated: October - 03 - 2021
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