623 Rawls Drive
$549,900
3
2
1,991
1,991
$276
Pending
Description
Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase...Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase to $1910 on 7/1/25 and $1975 on 7/1/26). Unit 102 - $1850/mo-expires 8/31/2025. Tenants want to extend their leases and will be discussed ideal situation with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and realizes a 7% Cap Rate. Looking for a buyer that will purchase this similar property next door at 619 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.
- Listed by Nathan Becker • BIG Realty Company
Property Details for 623 Rawls Drive
View
Yes
SubdivisionNot in a Subdivision
LISTING UPDATED: 01/10/2025 12:26 PM
Property Details for 623 Rawls Drive
Status | Pending |
---|---|
MLS # | 10050679 |
Days on Market | 38 |
Taxes | $3,332 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 2007 |
Lot Size | 0.24 AC / 10,454 SF |
County | Wake County |
Building Information for 623 Rawls Drive
Stories1Residences2Year Built2007Building Size-Lot Size0.24 AC / 10,454 SF
Property Information for 623 Rawls Drive
Property History for 623 Rawls Drive
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 623 Rawls Drive
Taxable ValueLand$80,000Additions$299,007Total$379,007
Tax Record2024$3,332 ($278 / month)
Home Facts
Total Finished SqFt1,991 SqFtAbove Grade Finished SqFt1,991 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built2007ZoningR-6CountyWAKEAPN1723.10-26-5920 0075263Fireplace TypeHas Fireplace
Schools near 623 Rawls Drive
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 |
---|---|---|
Oak Grove Elementary PublicPK to 5 | ||
Dillard Drive Middle Public6 to 8 | ||
William G Enloe 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.