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6104 Fox Road , Lots 1-12 And L

Raleigh, NC 27616
  • $4,798,800
  • STATUS: Active
  • ON SITE: 105 Days
  • ID#: 2542585
UPDATED: 75 min ago
$4,798,800
  • 3
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2
    SQFT
  • $2,399,400
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Triangle MLS logoListing courtesy of RE/MAX United: .
© 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Opportunity Knocks !! Entire Brand new Town Home Complex . 12 Luxury units with Fiber cement siding, Engineered hardwood floors, granite , tile etc... Some units with first floor beds and baths. Blvd Style with walk ability to stores , restaurants etc... already started the leasing process. Units have begun to rent @$2100 - $2500 per month . THIS IS NEW CONSTRUCTION SO THERE IS NO P&L's etc.. Owner pays Trash Service and common area electric. Redacted leases available upon request for serious Buyers There are six of each floor plan. Three leases at $2500 (one end unit Lot 1 and two interior Lots 2 and 10) Six leases at $2200 (end units Lots 4, 9 and 12, and interior units Lots 3, 7 and 11) One leases at $2100 (interior unit lot 6) Currently two open units Lots 5 and 8 (both end units) The leg work has all been done for an HOA; it just hasn't been recorded. Owner (or future HOA) is paying for dumpster service and Common area power. Individuals use the dumpster so do not use individual trash bins All the mechanicals are under warranty until September 2024 (regardless of who owns it). Buyer is also welcome to have inspections done prior to the DD period ending. Seller was placing Homeowners dues at around 150 per month to maintain the dog walk, landscaping etc. when we initially considered selling as individual units. Taxes and insurance etc. on the units aren't in that number Duke Power for the common area is around $100 a month. Landscape Maintenance (Can negotiate with your vendor) $1,100 a Month Property Management (optional) is 6% ($150 per Unit) Trash/Dumpster Service $600 a month BMP Inspection $600 annually (estimated)

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Triangle MLS logo©2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2024-03-02T14:51:49.047.
www.raleigh-trianglehomesnc.com/homes/145345619
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6104 Fox Road , Lots 1-12 And L Raleigh, NC 27616

  • Price: $4,798,800
  • Status: Active
  • On Site: 105 Days
  • Updated: 75 min ago
  • ID#: 2542585
3
Beds
2
Baths
1
½ Baths
0.05
Acres
2
SQFT
$2,399,400
$/SQFT
2023
Built
Neighborhood:
Fox Road
County:
Wake
Area:
Raleigh
Elementary School:
Wake - River Bend
Middle School:
Wake - River Bend
High School:
Wake - Rolesville
Property Description
Opportunity Knocks !! Entire Brand new Town Home Complex . 12 Luxury units with Fiber cement siding, Engineered hardwood floors, granite , tile etc... Some units with first floor beds and baths. Blvd Style with walk ability to stores , restaurants etc... already started the leasing process. Units have begun to rent @$2100 - $2500 per month . THIS IS NEW CONSTRUCTION SO THERE IS NO P&L's etc.. Owner pays Trash Service and common area electric. Redacted leases available upon request for serious Buyers There are six of each floor plan. Three leases at $2500 (one end unit Lot 1 and two interior Lots 2 and 10) Six leases at $2200 (end units Lots 4, 9 and 12, and interior units Lots 3, 7 and 11) One leases at $2100 (interior unit lot 6) Currently two open units Lots 5 and 8 (both end units) The leg work has all been done for an HOA; it just hasn't been recorded. Owner (or future HOA) is paying for dumpster service and Common area power. Individuals use the dumpster so do not use individual trash bins All the mechanicals are under warranty until September 2024 (regardless of who owns it). Buyer is also welcome to have inspections done prior to the DD period ending. Seller was placing Homeowners dues at around 150 per month to maintain the dog walk, landscaping etc. when we initially considered selling as individual units. Taxes and insurance etc. on the units aren't in that number Duke Power for the common area is around $100 a month. Landscape Maintenance (Can negotiate with your vendor) $1,100 a Month Property Management (optional) is 6% ($150 per Unit) Trash/Dumpster Service $600 a month BMP Inspection $600 annually (estimated)
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Fiber Cement Foundation Details Slab Garage YN No Open Parking YN Yes Parking Features Garage Pool Private YN No

Interior Features

Above Grade Finished Area 1 Below Grade Finished Area 1 Cooling Central AirZoned Cooling YN Yes Flooring CarpetHardwoodTile Heating Electric Heating YN Yes

Property Features

Lease Term 12 Months New Construction YN Yes Property Sub Type Townhouse Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 9 Water Source Public



Triangle MLS logo©2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2024-03-02T14:51:49.047.
 
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Triangle MLS logoListing courtesy of RE/MAX United: .
© 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.