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Listed by Deaton Investment Real Estate
$ 3,450,000
Est. payment /mo
New
3605 Burt Drive Raleigh, NC 27606
24 Beds
30 Baths
13,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 13,800 sqft
Price per Sqft $250
Subdivision Not In A Subdivision
MLS Listing ID 10171367
Style Duplex
Bedrooms 24
Full Baths 24
Half Baths 6
HOA Y/N No
Abv Grd Liv Area 13,800
Year Built 2020
Annual Tax Amount $8,450
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Source Triangle MLS
Property Description
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.
Location
State NC
County Wake
Zoning R-10
Interior
Heating None
Cooling Central Air
Flooring Vinyl, Plank, Tile
Exterior
View Y/N Yes
Roof Type Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 079310371478000 0473894
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES