Presenting an exciting student-housing investment opportunity located in a bullseye location in Raleigh, North Carolina - one of the hottest markets in the country. Located at 2208 Garden Place, this nearly 8,000 square foot multi-family property is within a short distance of both NC State University and the Village District, a mecca of restaurants, bars and upscale retail. Prominent retailers within ½ mile radius include popular national stores such as Starbucks, Sephora, Chopt, Cava, Insomnia Cookies and Barnes & Nobles as well as local favorites like Jubala Coffee, Ajisai Sushi, Cantina 18 and more. With a walk-score of 92 reaching over 100 food, hotel and retail options, this Property is truly in the center of it all. The Property is currently available for purchase as four spacious four-bedroom apartments, with the opportunity to add an additional ground level studio apartment. Significantly renovated in August of 2024, the Property includes seven dedicated on-site parking spaces with additional city-issued permitted parking in the neighborhood.
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Listing Snapshot
Price
$2,600,000
Days On Site
70 Days
Bedrooms
17
Inside Area (SqFt)
7,894 sqft
Total Baths
9
Full Baths
9
Partial Baths
N/A
Lot Size
0.24 Acres
Year Built
1961
MLS® Number
10051972
Status
Active
Property Tax
$14,294
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.24
Foundation
Block
Number Of Stories
2
Parking
PavedAdditional ParkingCommonOff StreetOn SiteOn Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
7894
SqFt Total
7894
Stories
Two
Style
Contemporary
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableWater Connected
Water Source
Public
Interior Features
Appliances
DishwasherDryerElectric OvenElectric RangeExhaust FanGas Water HeaterRangeRange HoodRefrigeratorStainless Steel Appliance(s)WasherWater Heater
Basement
Apartment
Cooling
Central Air
Flooring
Vinyl
Heating
Forced AirNatural Gas
Laundry Features
In Kitchen
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Exterior Features
Construction Details
BlockBrick
Patio And Porch
Patio
Roof
Flat
Community Features
Community Features
RestaurantSidewalks
Financing Terms Available
CashConventional1031 Exchange
Roads
PavedOther
School District
Wake County Schools
Schools
School District
Wake County Schools
Elementary School
Wake County Schools
Middle School
Wake County Schools
High School
Wake County Schools
Listing courtesy of Jamie Dawson of ERA Live Moore
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
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