2824 Providence Road
Raleigh, NC 27610
$1,175,000
Price
8
Beds
5
Baths
2
1/2 Baths
2,922 Sq. Ft.
$402 / Sq. Ft.
2,922
Sq. Ft.
$402
per Sq. Ft.
Description
Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops....Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops. A convenient half bath for guests and a one-car garage complete the main floor. Upstairs, each duplex unit offers three bedrooms, two full bathrooms, and a laundry closet in the hallway, with wood shelving in the closets for added storage. At the rear of the duplex is the ADU, which includes two bedrooms, one full bathroom, and a bright, open kitchen that flows into the living room with vaulted ceilings—creating a spacious and airy atmosphere. All units boast luxurious upgrades, including tile showers, stylish tile backsplashes, quartz countertops, high-end appliances, and modern fixtures. This is a prime opportunity to secure a well-maintained, income-generating property in a sought-after location. Additionally, you may qualify for up to $11,750 in lender credits with the use of our preferred lender. Don't miss out on this rare investment opportunity!
- Listed by Ahmed Mustafa • Keller Williams Realty
Property Details for 2824 Providence Road
View
Yes
SubdivisionGreen Valley
LISTING UPDATED: 12/05/2024 05:57 PM
Property Details for 2824 Providence Road
| Status | Active |
|---|---|
| MLS # | 10066115 |
| Days on Market | 5 |
| Taxes | $6,626 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Duplex |
| Year Built | 2023 |
| Lot Size | 0.46 AC / 20,037 SF |
| County | Wake County |
Building Information for 2824 Providence Road
Stories2Residences3Year Built2023Building Size-Lot Size0.46 AC / 20,037 SF
Property Information for 2824 Providence Road
Summary
Location and General Information
- Directions: 40 East to exit 300. Right on Rock Quarry Rd. Left onto Rockwood Dr. Right onto Providence Rd. Home on right.
- Subdivision Name: Green Valley
- Latitude: 35.742814
- Longitude: -78.574064
Taxes and HOA Information
- Tax Annual Amount: $6,626.26
- City Limits Of: Raleigh
- City Limits YN: Yes
- Lot Number: 24
- Restrictive Covenants YN: No
Contract Information
- Lease Expiration Date: 2025-05-01
- Original MLS: Triangle MLS Inc
- Property Leased YN: Yes
School Information
- Elementary School: Wake - Walnut Creek
- Middle Or Junior School: Wake - West Lake
- High School: Wake - S E Raleigh
Parking
- Open Parking: No
- Parking Features: Attached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway
- Attached Garage: No
- Covered Spaces: 1.0
Property
Lot Information
- Building Area Total: 2922.0
- Architectural Style: Contemporary
- Detached Living Area Sq Ft: 745
- Total Other Area Sq Ft: 0
- Other Structures: Residence, Second Residence
- Parcel Number: 1722653594
- Structure Type: Duplex, Multi Family, Site Built
Property and Assessments
- New Construction: No
- Photos Count: 29
- Above Grade Finished Area Source: Plans
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
Utilities
- Sewer: Public Sewer
- Water Source: Public
- Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
- Construction Materials: Fiber Cement
- Foundation Details: Raised
- Patio And Porch Features: Covered
- Pool Private: No
- Roof: Metal, Shingle
- New Construction Type: Fiber Cement, Duplex, Multi Family, Site Built
Interior Features
- Levels: One, Two
- Stories: 2
- Fireplace Y N: No
- Flooring: Carpet, Vinyl, Tile
- Cooling: Central Air, Multi Units
- Cooling?: Yes
- Heating: Heat Pump
- Heating?: Yes
- Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry Features: In Hall, Inside, Laundry Closet
- Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s)
- Equipment Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s)
- Interior: Attached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway, Fiber Cement, In Hall, Inside, Laundry Closet
- Equipment: Electric Range, Refrigerator, Stainless Steel Appliance(s), In Hall, Inside, Laundry Closet, Attached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway
Multi Family
Unit Information
- Total Units: 3
Agent
Sale and Listing
- Property Class Name: CrossProperty
Rental
Rental Information
- Lease Term: 3 To 6 Months
- TenantPays: All Utilities
Units Information
Unit One
- Unit One: Above Grade Finished Area: 1461.0
- Unit One: Baths Total: 3.0
- Unit One: Beds Total: 3.0
- Unit One: Garage Attached YN: true
- Unit One: Garage Spaces: 1.0
- Unit One: Kitchen: true
- Unit One: Levels: Two
- Unit One: Living Room: true
- Unit One: Range: true
- Unit One: Refrigerator: true
- Unit One: Unit Type Total Rent: 1800.0
- Unit One: Unit Type: 3 Bedroom
- Unit One: Utility Room: true
Unit Two
- Unit Two: Above Grade Finished Area: 1461.0
- Unit Two: Beds Total: 3.0
- Unit Two: Garage Attached YN: true
- Unit Two: Garage Spaces: 1.0
- Unit Two: Kitchen: true
- Unit Two: Levels: Two
- Unit Two: Living Room: true
- Unit Two: Range: true
- Unit Two: Refrigerator: true
- Unit Two: Unit Type Total Rent: 1750.0
- Unit Two: Unit Type: 3 Bedroom
- Unit Two: Utility Room: true
Unit Three
- Unit Three: Above Grade Finished Area: 745.0
- Unit Three: Beds Total: 2.0
- Unit Three: Garage Attached YN: false
- Unit Three: Kitchen: true
- Unit Three: Living Room: true
- Unit Three: Porch: true
- Unit Three: Range: true
- Unit Three: Refrigerator: true
- Unit Three: Storage: true
- Unit Three: Unit Type Description: ADU
- Unit Three: Unit Type Total Rent: 1500.0
- Unit Three: WasherDryer Hookups: true
Unit Four
- Unit Four: Beds Total: 0.0
Property History for 2824 Providence Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2824 Providence Road
Taxable ValueLand$200,000Additions$556,046Total$756,046
Tax Record2024$6,626 ($552 / month)
Home Facts
Baths1Total Finished SqFt2,980 SqFtAbove Grade Finished SqFt2,980 SqFtStories2Lot Size20,038 SqFtStyleDuplexYear Built2023ZoningR-4CountyWAKEAPN1722.11-65-3594 0017140Fireplace TypeHas Fireplace
Schools near 2824 Providence Road
This home is within Wake County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 13 |
Rating | School | Distance |
|---|---|---|
Walnut Creek Elementary School PublicPK to 5 | ||
West Lake Middle Public6 to 8 | ||
Southeast Raleigh High Public9 to 12 | ||
Wake Early Coll Heal Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Realty
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