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700 Glascock St
Raleigh, NC 27604 Oakwood Park

$625,000 USD

Apartments For Sale  •  1,777 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,777 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 1950
  • Zoning R-10
30 Transit Score
50 Walk Score

Highlights

Income-producing property with $62,700 current annual gross income and $44,065 NOI
0.22-acre corner parcel near Downtown Raleigh with R-10 zoning and Frequent Transit Development Option
8 currently rented rooms with month-to-month tenancy, offering immediate cash flow and future flexibility

Property Flyers

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Carolinian - Amtrak, Floridian - Amtrak, Piedmont - Amtrak) 6 min - 2.4 mi
Cary (Carolinian - Amtrak, Floridian - Amtrak, Piedmont - Amtrak) 21 min - 10.0 mi
AirportDriveWalkDistance
Raleigh-Durham International 26 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Lizzie Gonzales Bender 361-876-1134 Compass
Lizzie Gonzales Bender 361-876-1134 Compass