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About This Home
This 24-bedroom, 27-bathroom residential multi family at 3605 Burt Drive in Raleigh, NC is listed for $3,450,000 ($250 per sqft). Built in 2020, the home offers 13,800 sqft of living space on a 0.21 acres lot.
Evans Place Burt, a purpose-built student housing asset at North Carolina State University in Raleigh, North Carolina. The Property consists of three duplex-style buildings totaling six luxury townhome units and 24 student beds, purposefully designed for the modern student renter with spacious four-bedroom / four-and-a-half-bath floor plans, high-end interior finishes, private bathrooms for each bedroom, and large outdoor living areas.
Built in 2020, the Property offers investors a highly efficient, low-maintenance asset with durable construction, strong in-place cash flow, and proven leasing performance. Evans Place Burt is currently 96% pre-leased for the 2026-2027 academic year at average rents of $1,113 per bed.
Key Features
- Built in 2020
- 0.21 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$18,451/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3605 Burt Drive
Raleigh, NC 27606
Not in a Subdivision
Property Details
Flooring
Construction
Parking
Cooling
Questions & Answers
This 24-bedroom, 27-bathroom residential multi family at 3605 Burt Drive is listed at $3,450,000 ($250/sqft). The estimated monthly payment is $14,950 based on 20% down at 6.5% interest.
Key features include: Built in 2020, 0.21 acre lot, 2 stories.
This property is listed by Thomas Furlow and can be reached at 9194123913 or tfurlow@deaton.com.