Presenting an exciting student-housing investment opportunity located in a bullseye location in Raleigh, North Carolina - one of the hottest markets in the country. Located at 2208 Garden Place, this nearly 8,000 square foot multi-family property is within a short distance of both NC State University and the Village District, a mecca of restaurants, bars and upscale retail. Prominent retailers within ½ mile radius include popular national stores such as Starbucks, Sephora, Chopt, Cava, Insomnia Cookies and Barnes & Nobles as well as local favorites like Jubala Coffee, Ajisai Sushi, Cantina 18 and more. With a walk-score of 92 reaching over 100 food, hotel and retail options, this Property is truly in the center of it all. The Property is currently available for purchase as four spacious four-bedroom apartments, with the opportunity to add an additional ground level studio apartment. Significantly renovated in August of 2024, the Property includes seven dedicated on-site parking spaces with additional city-issued permitted parking in the neighborhood.
MLS# | 10051972 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1961 |
Days On Site | 27 |
Listing Provided By | ERA Live Moore | Jamie Dawson |
Bed(s) | 17 |
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Bath(s) | 9 Total |
SQ Feet | 7,894 |
Basement | Y |
Story(s) | 2 |
Acreage | 0.24 |
Property View | Yes |
State | NC |
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County | Wake |
City | Raleigh |
Zip Code | 27607 |
Area | Wake |
Community Name | Not in a Subdivision |
School District | Wake County Schools |
Elementary School | Wake County Schools |
Middle School | Wake County Schools |
High School | Wake County Schools |
Listing VS Median (in Not in a Subdivision) | |
Price: $2,600,000 low | high Med: $334,500 SqFt: 7,894 low | high Med: 2,068 $ / SqFt: $329 low | high Med: $162 On Site: 27 low | high Med: 24.000000 |