1. North Carolina
  2. Garner
  3. 1505 Harth Drive
$389,900

1505 Harth Drive, Garner, NC 27529

  • 4 beds |
  • 3 baths |
  • 2,120 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

ATTENTION INVESTORS! Rare Duplex offered in Garner at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with long term stable tenants with below market rents. Perfectly situated in a prime location near groceries and restaurants and a short drive or public transportation to major shopping like Target and Cabelas. Garner is a short drive to downtown Raleigh on Hwy 70/401 or major employers in the area like Amazon on the newly widened HWY 40. The current owners have made significant upgrades with over $40K in renovations the last 10 years including a new roof in 2024 and a full gut remodel on both units in 2016 featuring new kitchen and bathroom cabinets and appliances and all new windows throughout. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.

Listing Status:
Active
Listing Office:
Keller Williams Elite Realty : 984-244-5830
Listing Agent:
Matt Perry : 919-818-7016
MLS ID:
10085806
  • General: Bedroom on Main Level
  • Flooring: CarpetLuxury VinylTile
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Matt Perry, Keller Williams Elite Realty

Monthly Payment

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

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Location

Schools Nearby

A

Aversboro Elementary School

1605 Aversboro Rd, Garner, NC, 27529

Grades PK-5

0.36 miles away

E

East Garner Magnet Middle School

6301 Jones Sausage Rd, Garner, NC, 27529

Grades 6-8

1.94 miles away

G

Garner Magnet High School

2101 Spring Dr, Garner, NC, 27529

Grades 9-12

2.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.