5124 Melbourne Road, Raleigh NC 27606

$ 635,000
5124 Melbourne Road, Raleigh NC 27606, ,

Overview

  • Updated On:
  • December 28, 2024
  • 5 Bedrooms
  • 2 Bathrooms
  • 2,417 ft2
  • Updated On:
  • December 28, 2024
  • 5 Bedrooms
  • 2 Bathrooms
  • 2,417 ft2

Incredible investment opportunity in desirable Cardinal Hills/NC State area. Cash flowing, stabilized property with leases in place through 6/30/2026. This thoughtfully updated 5 bedroom, 2 bathroom home is located on a large, fenced 0.31 acre lot. Master lease in effect – Not individual. 7/1/24 – 6/30/25 Lease at $5,000/month. 7/1/25 – 6/30/26 Lease at $5,000/month.

Extremely turnkey property with designer finishes and sleek new appliances. Improvements in 2023 include: New roof, updated kitchen, 2 full bathroom renovations, premium crawlspace encapsulation, Rheem tankless hot water heater, refinished hardwoods, and new concrete driveway. 3 bedrooms are located on the main level with 2 additional bedrooms located on the second floor. Two separate front entrances, interior spiral staircase, and second floor loft provide tenants with maximum living flexibility and privacy.

Close proximity to NC State and 440. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures and full list of upgrades.

Address: 5124 Melbourne Road, Raleigh NC 27606
City:
State/County:
Zip: 27606
Country: US
Open In Google Maps
Property Id : 1044576
Price: $ 635,000
Property Size: 2,417 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 2
BathroomsFull: 2
Listed By: Ben Davis
BathroomsHalf: 0
List Office Name: DAVIS REALTY AND DEVELOPMENT C
DOM: 1
ElementarySchool: Wake - Adams
FireplaceFeatures: Family Room,Masonry
FireplacesTotal: 1
Flooring: Hardwood,Tile
FoundationDetails: Brick/Mortar,Slab
Heating: Baseboard,Central
HighSchool: Wake - Athens Dr
LotFeatures: Back Yard,Front Yard,Hardwood Trees
LotSizeArea: 13503.6
LotSizeSquareFeet: 13503.6
Other Features
Bookcases
Ceiling Fan(s)
Dishwasher
Disposal
Double Vanity
Entrance Foyer
Gas Range
Granite Counters
Has a View
Has Cooling System
Has Fireplace
Has Heating System
High Speed Internet
Master Downstairs
Microwave
Open Floorplan
Open Parking
Other
Oven
Rain Gutters
Range
Refrigerator
Storage
Tile Counters
Walk-In Closet(s)
Washer/Dryer Stacked
You need to login in order to post a review
$ 3,255.77
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,462.02

Contact Me

Call WhatsApp
Sat 28 Dec
Sun 29 Dec
Mon 30 Dec
Tue 31 Dec
Wed 01 Jan
Thu 02 Jan
Fri 03 Jan
Sat 04 Jan
Sun 05 Jan
Mon 06 Jan
In Person
Video Chat
Your information

Similar Listings

Residential
Active

2712 Manning Place, Raleigh NC 27608

$ 2,800,000
BUILD-TO-SUIT ITB PRE-SALE OPPORTUNITY. Build our Stunning Carpenter Gothic design or brin ...
5 5.5 6,700 ft2details
Residential
Active

2635 Marchmont Street, Raleigh NC 27608

$ 1,920,001
Holiday ready home! Within the Budleigh East neighborhood, where tree-lined streets and cl ...
4 4.5 3,583 ft2details
Residential
Active

5513 Parkwood Drive, Raleigh NC 27612

$ 699,250
Stately Brick home in Brookhaven subdivision is ready for a new owner. The property has be ...
5 2.5 2,940 ft2details
Residential
Active

3553 E Jameson Road, Raleigh NC 27604

$ 325,000
Come see this beautiful move in ready 3BR/2.5BA home located on a quiet cul-de-sac. Step i ...
3 2.5 1,430 ft2details
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, noncommercial use.

Compare Listings

Lacee Harris