About This Home
This 5-bedroom, 3-bathroom multi-family at 3408 Atlantic Avenue in Raleigh, NC is listed for $510,000 ($218 per sqft). Built in 1968, the home offers 2,344 sqft of living space on a 0.33 acres lot.
Key Features
- Built in 1968
- 0.33 acre lot
- 2 stories
Property Details
Amenities
Investor Opportunity or Owner-Occupant Dream! This well-maintained duplex offers the flexibility to fit multiple lifestyles. The 2-bedroom unit is already leased at $1,600/month through July 15, 2027, providing immediate, reliable rental income from day one.
The 3-bedroom unit is currently vacant, making it ideal for an owner looking to live in one unit while the rental income helps offset the mortgage, taxes, and insurance-or for an investor seeking to lease the second unit at market rent to maximize cash flow.
Located on Atlantic Avenue in Raleigh, the property offers convenient access to shopping, dining, major roadways, employment centers, and everyday amenities. With strong rental demand and the rare combination of immediate income plus owner-occupancy potential, this property is an excellent opportunity for investors, first-time buyers, or anyone looking to build wealth through real estate while enjoying the benefits of rental income.
Monthly Cost Estimate
$2,728/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3408 Atlantic Avenue
Raleigh, NC 27604
Brentwood Estates
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom multi-family at 3408 Atlantic Avenue is listed at $510,000 ($218/sqft). The estimated monthly payment is $2,728 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1968, 0.33 acre lot, 2 stories. Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Dining L.
This property is listed by Brandon Williams and can be reached at 9196021437.