Description
Rare opportunity to own a North Raleigh duplex at 8125 (MLS #10125038) & 8127 (MLS #10125035) Perry Creek Rd, offered together at a total list price of $650,000 (~$325K per unit). Unit 8125 was remodeled in 2022 with updates including new roof, HVAC, plumbing, bathrooms, flooring, and kitchen upgrades. Unit 8127 features a new HVAC, new laminate flooring downstairs, new carpet upstairs and stairs, freshly painted kitchen cabinets, and fresh interior paint throughout. Both units are vacant and ready to rent, each projected at approximately $1,700/month ($3,400/month combined). At the $650K price, the property offers an estimated ~6.3% gross cap rate. Both properties are deeded separately but must be purchased together, making this ideal for investors seeking strong cash flow, a 1031 exchange, or buyers looking to live in one side while renting the other. No HOA, private yards, and a prime location near Capital Blvd and I-540. A fantastic addition to any portfolio!
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3BEDS
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0.1ACRES
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2BATHS
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11/2 BATHS
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1,232SQFT
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$264$/SQFT
School Information
Listing courtesy of Seyed Armin Ahmadi Mousavi: . © 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
Rare opportunity to own a North Raleigh duplex at 8125 (MLS #10125038) & 8127 (MLS #10125035) Perry Creek Rd, offered together at a total list price of $650,000 (~$325K per unit). Unit 8125 was remodeled in 2022 with updates including new roof, HVAC, plumbing, bathrooms, flooring, and kitchen upgrades. Unit 8127 features a new HVAC, new laminate flooring downstairs, new carpet upstairs and stairs, freshly painted kitchen cabinets, and fresh interior paint throughout. Both units are vacant and ready to rent, each projected at approximately $1,700/month ($3,400/month combined). At the $650K price, the property offers an estimated ~6.3% gross cap rate. Both properties are deeded separately but must be purchased together, making this ideal for investors seeking strong cash flow, a 1031 exchange, or buyers looking to live in one side while renting the other. No HOA, private yards, and a prime location near Capital Blvd and I-540. A fantastic addition to any portfolio!
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Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-07T23:51:11.133.