$419,900

100 Madrid Court, Garner, NC 27529

  • 6 beds |
  • 4 baths |
  • 2,388 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $176/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Investors, take note! Fully Rented Turnkey Duplex on Corner Lot - No HOA Fees & Immediate Cash Flow! Welcome to 100 Madrid Court, a rare, fully occupied income-generating duplex perfectly positioned on a spacious corner lot in the heart of Garner. Boasting no HOA monthly dues, this property gives you 100% control over your investment with maximum bottom-line profitability. This low-maintenance two-family property offers immediate cash flow from day one with established tenants already in place. Each side features a functional layout designed for long-term tenant retention, complete with comfortable living spaces, fully equipped kitchens (including refrigerator, range, and dishwasher), central air, dedicated washer/dryer hookups. Roof was done in 2020. LPV throughout 1st floor of both units. HVAC around 5 years. The exterior features a sizable 0.29-acre spacious fenced in lot. Tenants pay their own separate utilities (water, sewer, and electric) and yard maintainess. The location offers unbeatable tenant appeal and convenience. Situated just off Timber Drive and Aversboro Road, residents are less than a half-mile walk from everyday essentials like Lowes Foods and ALDI. The property sits minutes from the premier dining and retail at Garner Towne Square, and offers a seamless drive straight down Timber Drive to the massive White Oak Crossing retail center. With immediate access to US-70 and I-40 for a quick commute into downtown Raleigh, this high-demand Wake County location guarantees a strong, consistent tenant pool.

Listing Status:
Active
Data Last Updated:
June 23, 2026 at 7:18AM
Listing Office:
CHK Realty : 919-345-6370
Listing Agent:
CC Bennett : 919-924-5555
MLS ID:
10172157
  • General: Laminate Counters
  • Appliances: DishwasherElectric RangeFreeStandingElectric RangeFree-Standing RangeFree-Standing RefrigeratorRangeRefrigeratorRange Hood
  • Flooring: CarpetLaminateLuxury Vinyl
  • A/C: Central AirCeiling Fan(s)
  • Heating: Central
  • General: Rain Gutters
  • Style: Transitional
  • Parking: DrivewayParking Pad
  • Roofing: Shingle
  • General: BrickFrameVertical Siding1
  • Originating MLS: AMLSNC_TRIANGLE
  • County: Wake
  • Zoning: Lo2 Heather Hill Villas Rev Ph1171014340814000 0097391
  • Water: Public
  • Sewer: Public Sewer
  • Source: AMLSNC_TRIANGLE

This listing courtesy of CC Bennett , CHK Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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