5125 & 5127 Simmons Branch is a ''zero-lot-line'' duplex featuring two, town home-style units on separate tax parcels. This offers investors the opportunity to acquire a rental investment property with the ability to resale the town home units individually. Each unit features 3-beds and 3-baths of 1,244 SF. Unit 5125 is rented at $1,600, with the lease expiring 1/31/25. Unit 5127 is rented for $1,600 with a move in date of 6/1/24 and lease expiration of 5/30/25. The roof was replaced in 2021 and both units feature recent updates. See documents for a complete list of improvements and replacements. The owner is also selling the duplexes at 5128/5130 Lundy and 5138/5140 Lundy Drive. Information about these additional properties can be found in the documents folder. The properties can be purchased as individual duplexes, or as a package.
MLS# | 10030476 |
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Listing Type | For Lease |
Style | Town House |
Status | Pending |
Year | 1986 |
Days On Site | 113 |
Listing Provided By | Deaton Investment Real Estate | Thomas Furlow |
Bed(s) | 6 |
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Bath(s) | 6 Total |
SQ Feet | 2,488 |
Story(s) | 2 |
Units | 2 |
Acreage | 0.21 |
State | NC |
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County | Wake |
City | Raleigh |
Zip Code | 27606 |
Area | Wake |
Community Name | Simmons Branch Townhomes |
Listing VS Median (in Simmons Branch Townhomes) | |
Price: $515,000 low | high Med: $515,000 SqFt: 2,488 low | high Med: 2,488 $ / SqFt: $207 low | high Med: $207 On Site: 113 low | high Med: 113.000000 |