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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $312
Subdivision College Park
MLS Listing ID 10135869
Bedrooms 6
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 2025
Annual Tax Amount $2,695
Lot Size 4,080 Sqft
Acres 0.1
Property Sub-Type Duplex
Source Doorify MLS
Land Area 4080
Property Description
Built in 2025, each property features two thoughtfully designed units. One unit in each building is secured with a long term lease, providing immediate and stable income. The second unit in each building is furnished and operating as a short term rental through Airbnb, with a strong performance history that continues to improve. The furnished units can be sold fully furnished, creating a true turnkey experience for the next investor or owner occupant.
The versatility of these properties opens the door to multiple strategies. A buyer could live in one of the furnished units while collecting rent from the long term tenant in the adjoining unit. An investor could continue the proven combination of long term and short term rentals, maximizing cash flow. A portfolio buyer could purchase both buildings and control all four doors in a rapidly appreciating pocket of Raleigh.
The location offers exceptional upside. Boyer Street sits near Raleigh's planned Bus Rapid Transit line and is surrounded by ongoing development throughout Raleigh and Southeast Raleigh. This area is experiencing significant public and private investment, increasing demand and long term value for well built and well located rental properties.
Whether you are a seasoned investor or just getting started, these properties provide immediate income, flexible use options, low maintenance new construction, and prime positioning within one of Raleigh's most exciting growth corridors.
Your next high performing investment is ready at 1508 and 1510 Boyer Street.
Location
State NC
County Wake
Community College Park
Area 0.1
Interior
Cooling Central Air
Flooring Carpet, Luxury Vinyl, Tile
Fireplace No
Exterior
Parking Features Attached
Roof Type Shingle, Membrane
Garage Yes
Building
Story Three Or More
Foundation Slab
Water Public
New Construction No
Schools
Elementary Schools Wake - Powell Elementary
Middle Schools Wake - Ligon Middle
High Schools Wake - Broughton
Others
Senior Community No
Tax ID LO333 COLLEGE PARKK BM1911-00015
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Nearby Locations
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