Cameron Park Apartment Building
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$899,000.00
Address
122 Hillcrest RoadRaleigh, NC 27605
Overview
This beautiful 8-unit apartment building is located one block off Hillsborough Street on Hillcrest Road. Known as Cameron Park, this neighborhood is recognized as one of the premier locations Inside Raleigh's Beltline. These rental units are highly demanded by students and young professionals. The property could also present an opportunity for a condo conversion.
- Most units have hardwood floors
- Great condition inside and out
- Excellent location
- Great long-term hold or conversion opportunity
Unit Information
| Unit | Size | Type | Lease | Rent |
|---|---|---|---|---|
| 1A | 625 SF (APRX) | 1 BD/1 BA | 7/31/09 | $675 |
| 1B | 325 SF (APRX) | 1 BD/1 BA | M/M | $595 |
| 1C | 790 SF (APRX) | 1 BD/1 BA | M/M (10+ YEARS) | $595 |
| 3 | 975 SF (APRX) | 2 BD/1 BA | 7/31/09 | $990 |
| 4 | 975 SF (APRX) | 2 BD/1 BA | 8/14/09 | $845 |
| 5 | 975 SF (APRX) | 2 BD/1 BA | 7/31/09 | $950 |
| 6 | 1,330 SF (APRX) | 4 BD/2 BA | 3/31/09 | $1,250 |
| 7 | 975 SF (APRX) | 2 BD/1 BA | 4/30/09 | $950 |
| TOTAL | 6,965 SF | $6,850 |
Property Information
- PIN
- 1704108768
- Tax Value
- $655,103
- Taxes
- $6,025.06
- Lot Size
- .21 ACRES
- Year Built
- 1925
- Exterior
- VINYL, WOOD
- Floors
- HARDWOOD, TILE, VINYL (VARIES BY UNIT)
- Foundation
- SLAB
- HVAC
- WINDOW A/C, BOILER (STEAM) HEAT, HEAT PUMP IN UNIT 6 ONLY
- Owner Financing
- NONE
- Utilities
- OWNER PAYS APRX: $190/MO-WATER, $80/MO-ELECTRIC, $435/MO-GAS
- Appliances
- RANGE, REFRIGERATOR, WASHER/DRYER (VARIES BY UNIT)
- Legal Description
- LO11 CAMERON PARK BL13
- Zoning
- R-10
