4258 Louisburg Rd Raleigh, NC 27604
- Investment properties
- 1.78 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4258 Louisburg Rd
- Year built
- 1960
- Lot size
- 1.78 lot acres
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a 1.78-acre property located at 4258 Louisburg Road in Raleigh, NC, priced at $1,100,000. The property is zoned CX-3 (detailed zoning information available upon request) and boasts a strong rental history with a waiting list of prospective tenants. Currently generating a monthly rental income of $4,500, this six-unit property offers immediate cash flow. Each of the six units features a consistent floor plan, including two bedrooms and one full bathroom. The existing month-to-month leases provide flexibility for the new owner, with all current tenants expressing a desire to renew their leases. This presents a unique opportunity to secure long-term tenants while pursuing commercial development plans, leveraging the property's prime location and high demand. The property's proximity to the 540 highway provides excellent accessibility and further enhances its investment potential. This is an ideal opportunity for investors seeking immediate returns and long-term appreciation in a thriving Raleigh commercial area. Detailed financial records and zoning information are available for qualified buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5769
- Latitude
- 35.841
