325 Ranch Farm Road #A - B Active

Raleigh,NC 27603

$ 265000

3 Beds

2 Baths

1312 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $201

Subdivision Homemont

MLS Listing ID 10062726

Style Duplex,Site Built

Bedrooms 3

Full Baths 2

Year Built 1957

Annual Tax Amount $1,449

Lot Size 0.340 Acres

Property Sub-Type Duplex

Property Description

INCREDIBLE SECOND CHANCE DUPLEX OPPORTUNITY + LISTED BELOW TAX VALUE!! Wake County Rev. Dept. Records Have Been Corrected and Updated for 2024/ 2025. A NEW Survey Has Been Completed By The Sellers, As Well As Final Inspections On The NEW Drilled WELL, NEW WELL Pump, New Service Line, SEPTIC System, And HOME! All Thats Left Is For You To Claim This Duplex As Its New Owner! Live in One Unit and Lease Out The Other For Passive Extra Income, Add It To Your Investment Portfolio and Lease Out Both Units (CAP Rate 10.67), Or Get Creative and Combine To Create A Single Family Home. You Cannot Go Wrong With This Location Whatever You Decide To Do! ONLY 5 To 6 Minutes To Downtown Raleigh, 20 Minutes To RDU, Less Than 1 Mile From US-70 and NC-401 Hwy, Less Than 1 Mile To Shopping, Dining, Entertainment, Financial, Education, Medical, and Convenience! Great Lot In An Established Residential Area With A Big Grassy Front Yard, And Private Back Yard That Borders A Neighbor's Wooded Tree lLne and Fence. Ample Parking Leads To The Concrete Patio Walkway To Both Units. 325-A Has A Large Open Deck For Relaxing And Grilling Out, a Fully Equipped Eat In Kitchen W/Refrigerator that Conveys, Living Room, Small Hall That Leads To The Bedroom, Full Bathroom, and Stacked W/D that Convey in Laundry Closet. 325-B Has A Large Covered Porch, Beautiful Hardwood Flooring, Large Eat In Kitchen W/ Refrigerator that Conveys, W/D Convey Located in the Laundry Storage Room With Back Door Exit, Living Room With Tons Of Natural Light, 2 Nice Size Bedrooms and One Full Bathroom. In Addition To Having A Brand New Well and Well Pump Installed A Couple Months Ago, a New Supply Line Was Also Installed, New Roof In 2022-2023, Updated Interior Paint, Exterior Trim Paint, Tile In Bath and Kitchen, Newer Flooring and Hardwoods Refinished. Each Unit Is Separately Metered For Power and Equipped With Updated (1 To 4 Years New) Appliances. Qualifies For UCB's Home PATH Loan With 0 Down Financing and NO PMI Added To Your Payments With Lender- Ryan Smith, Call To Qualify at (800) 822-2651.
Owner Also Selling 327 and 323 Ranch Farm Rd and Open to Package Offers!

Location

State NC

County Wake

Interior

Heating Baseboard,Central,Electric,Gas Pack,Separate Meters,Varies by Unit

Cooling Ceiling Fan(s),Central Air,Dual,Electric,Gas,Varies by Unit,Wall/Window Unit(s)

Flooring Combination,Hardwood,Vinyl,Painted/Stained,Slate,Varies

Laundry Common Area,Inside,Laundry Room,Main Level

Exterior

Exterior Feature Private Yard

Fence Back Yard,Chain Link,Partial,Split Rail

Utilities Available Cable Available,Cable Connected,Electricity Available,Electricity Connected,Phone Available,Septic Connected,Water Connected

View Y/N Yes

View Skyline,Trees/Woods

Roof Type Shingle,Asphalt,See Remarks

Building

Lot Description Back Yard,Cleared,Few Trees,Front Yard,Gentle Sloping,Hardwood Trees,Private,Rectangular Lot,Sloped Up

Story 1

Foundation Block,Brick/Mortar,Permanent

Sewer Septic Tank

Water Private,Well

Structure Type Unknown

New Construction No

Schools

Elementary Schools Wake - Smith

Middle Schools Wake - North Garner

High Schools Wake - Garner

Others

Special Listing Condition Seller Licensed Real Estate Professional

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