51 Units - Burnie Hall Apartments
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$2,950,000.00
Address
700 Highgate PlaceRaleigh, NC 27610
Overview
Burnie Hall Apartments is a 51-unit community located two miles east of Downtown Raleigh on Milburnie Road. The property consists of 13 all-brick buildings with a mix of 13 one-bedroom units and 38 two-bedroom units. It has been very well-maintained since initial construction.
- Minimal owner expenses
- City bus-line across street; terminal less than two miles
- Public streets and separate utility meters
- Great location; less than one mile from WakeMed Hospital
- Well-maintained
Additional Information:
Unit Information
| Unit | Size | Type | Lease | Rent |
|---|---|---|---|---|
| 1 | 464 SF | 1 BD/1 BA | $570 MKT | |
| 12 | 642 SF | 1 BD/1 BA | $585 MKT | |
| 38 | 845 SF | 2 BD/1 BA | $670 MKT | |
| TOTAL | 40,278 SF | $33,350 MKT |
Property Information
- PIN
- 1714824337
- Tax Value
- $1,815,875
- Taxes
- $17,479.06
- Lot Size
- 5.10 ACRES
- Year Built
- 1965
- Exterior
- BRICK
- Floors
- HARDWOOD, CARPET, VINYL
- Foundation
- CRAWL
- HVAC
- HEAT PUMPS CENTRAL (42), THRU-WALL HEAT PUMP (9)
- Owner Financing
- NONE
- Utilities
- OWNER PAYS: DUMPSTER RENTAL AND COLLECTION (APRX. $300/MO), STORMWATER (APRX. $116/MO), AND AREA LIGHTS (NOT ACTIVATED)
- Appliances
- RANGE, REFRIGERATOR, W/D CONNECTIONS
- Legal Description
- MARGARET LEE LD
- Zoning
- R-10