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618 W Lane Street Raleigh, NC $ 966,000
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$ 966,000 Get more info
618 W Lane Street
$ 966,000
Back to search
Share Save

618 W Lane Street

Raleigh, NC, 27603
$ 966,000
Bedrooms5 Baths3.0 Sq 2,061

Monthly Estimate*

$ 6,748

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Multi-Family Home for sale in Raleigh, NC

for $966,000 with 5 bedrooms and 3 full baths. This 2,061 square foot home was built in 1939 on a lot size of 0.13.

EXCEPTIONAL INVESTMENT GEM! Embrace the allure of urban living with this captivating triplex nestled in the vibrant pulse of Downtown Raleigh! Boasting two distinct 2-bedroom/1-bath sanctuaries on the main floor and an enchanting 1-bedroom/1-bath hideaway in the basement, this property beckons with promise. Immerse yourself in the dynamic energy of Glenwood South, where a plethora of culinary delights, retail treasures, and entertainment extravaganzas await just steps from your doorstep! Unveil the boundless possibilities of this property and seize the opportunity of a lifetime today!

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Multi-Family Active

Price

$ 966,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,278

Style

A-Frame

Lot Size

0.13

Year Built

1939

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10010930
Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Roof Shingle
Patio/Porch Features Deck
Architectural Style A-Frame
Construction Materials Unknown
Year Built 1939
Stories 1
Levels One
Property SubType Triplex
County Wake
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Not in a Subdivision
Garage Y/N N
Status Active
Directions From RDU take I-40E towards Raleigh. Take Exit 289 for Wade Ave. Continue onto Wade Ave. Turn right onto St Mary St. Turn left onto W Lane St. Property will be on the left.
High School Wake - Broughton
City Raleigh
Buyer Agent Compensation 2.40
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3
Total Units 3
Lot Size Square Feet 5662.8
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Lane
Elementary School Wake - Wiley
Property Attached Y/N N
Tax Annual Amount 5278.16
Middle/Junior High School Wake - Oberlin
Ok to Lease Other
Lease Considered Y/N N
Days on Market 76
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Basement Apartment Dirt Floor Exterior Entry Storage Space
Flooring Hardwood Vinyl
Total Fireplaces 1
Fireplace Features Living Room
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1741
Full Baths 3
Half Baths 0
Street Suffix Street
Laundry Features Multiple Locations
Total Bedrooms 5
Below Grade Finished Area 320
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Living Area Units Square Feet
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Exterior
Parking Features Concrete Gravel Off Street On Street
Water Source Public
Lot Size Area 5662.8
Foundation Details Combination
Spa N
Building Area Total 2061
Lot Dimensions See Recorded Plat Map
Lot Size Acres 0.13
Lot Size Units Square Feet
Open Parking Y/N Y
Horse Y/N N
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* Excluded Features
List By
Matt Bergevin

Listing Agent

Real Broker, Llc

Broker

Affordability Calculator

$7,188
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,748
Monthly Property Taxes
$440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1123681 Elementary School
2976926 Middle School
Wake - Broughton High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/9/2024$966,000 Listed Price

Map

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618 W Lane Street, Raleigh, NC, 27603 is a Multi-Family Home for sale at $966,000 with 2,061 sqft and a lot size of 0.13. 618 W Lane Street has 5 bedrooms, 3.0 baths, and was built in 1939. The property's zip code is 27603 which is in Raleigh, NC

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