Property Description

Excellent opportunity to acquire a strong income producing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing near term capital expenditures. Each unit is clean, well maintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being re leased at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet cul de sac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cash flowing, mechanically updated asset with clear rent growth potential, 4300 Presley Ct is a compelling addition to any portfolio.

Property Features