404 E Edenton St Raleigh, NC 27601

Listing details for 404 E Edenton St, Raleigh, NC 27601 : Investment Opportunity in Downtown Raleigh. Income-Producing Multi-Unit Property! Three of the four units are currently leased or nearing lease execution, representing $3,900 in projected monthly gross rental income ($46,800 annually), with Unit 3 offering an opportunity for additional revenue. Unit 1 is pending lease execution at $1,300/month, Unit 2 is leased at $1,500/month, and Unit 4 is leased at $1,100/month. Located in the heart of Raleigh's Historic Oakwood neighborhood! Minutes from Downtown Raleigh's restaurants, shopping, entertainment, and employment centers. The property has undergone renovations and improvements while retaining the charm and character of its historic surroundings. Whether you're looking to expand your investment portfolio, establish a long-term rental investment, or explore an owner-occupied investment opportunity, this property offers multiple possibilities in an established, desirable Raleigh location. Don't miss your chance to invest in Historic Oakwood!