720 S State St, Raleigh, NC 27601

$765,000
11
BD
12
BA
5,040
SqFt
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Seller Representative Northside Realty Inc.

Seller Representative Northside Realty Inc.

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Sold Price
$765,000
List Price
$775,000
Closing Date
Oct 01, 2026
Status
CLOSED
MLS#
10188078
Bedrooms
11
Bathrooms
12
Full-baths
12
Living Area
5,040
Lot Size
7,841
Subdivision
Watsons Lands
Year Built
2008
Acres
0.18
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Property Description

Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined income ($68,040/year) already in place with leases into 2027. Unit 101: 4BR/4BA at $1795/mo. Unit 102: 4BR/4BA at $1,795/mo. Unit 103: 3BR/4BA at $1,695/mo. Bring your calculator and your offer Opportunities like this do not last long! Tenant occupied. Do not disturb tenants. Also check out building 718 S State St

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Additional Information

Foundation
Concrete Perimeter
Interior Features
Bathtub/Shower Combination
Water
Public
Basement
Concrete
Flooring
Vinyl
Roof
Shingle
Heating
Forced Air, None
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .