Barrett Realty, Inc.
Barrett Realty, Inc.
Tommy Twitty, Barrett Realty, Inc.Phone: (919) 426-3037
Email: [email protected]
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listing
1 of 16
Residential IncomeFor Sale
$2,250,000
564 Dacian Road
Raleigh, NC 27610
Courtesy of Deaton Investment Real Estate
MLS: Doorify MLS
32Beds
16Baths
12,064Sq Ft
Est. Mortgage
$11,714/mo

564 and 567 Dacian feature 16, identical, two-bedroom units and have benefited from more than $350,000 in capital improvements over the last five years including: new roofs, new windows, new exterior staircases and landings, and interior updates to every unit. New leases are being signed at $1,325. Located inside Raleigh's I-440 Beltline, the property is nestled in a quiet residential neighborhood along Raleigh's Greenway and adjacent to Dacian Road Park. Residents are only minutes from Downtown Raleigh, Wake Med Raleigh, and multiple retail centers. Each building is located in a flood zone and the current owner does maintain a flood insurance policy. During current ownership, the 564 Dacian building has seen water reach the parking lot and crawl space, but has never reached the floor level of the units.

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