$2,600,000
For Sale

2208 Garden Place

Raleigh, NC 27607
7894 sqft | 17 beds | 9 baths | 0.24 acres | #10051972
Browse 20 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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.

  • Interior Details
      • HeatingForced Air, Natural Gas
      • CoolingCentral Air
    • Beds & Baths
      • Bedrooms17
      • Bathrooms9
      • Full Baths9
  • Property Details
      • Stories2
    • Measurements
      • Acres0.24
      • Square Feet7894
    • Parking
      • Parking FeaturesAdditional Parking, Common, Off Street, On Site, On Street, Paved
  • Construction Details
      • Property TypeMulti-Family
      • StyleContemporary
      • Basement DescriptionApartment
      • Basement1
    • Condition
      • Year Built1961
    • Material information
      • RoofFlat
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Phone Available, Septic Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Community FeaturesRestaurant, Sidewalks
      • SubdivisionNot in a Subdivision
    • Location
      • Elementary SchoolWake County Schools
      • Middle SchoolWake County Schools
      • High SchoolWake County Schools
      • CountyWake
  • Financial Details
      • Taxes Annual$14,294
  • Other
      • MLS #10051972

Location

Lindy Muse | NorthGroup Real Estate Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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