104 Rainbow CT, Cary, NC 27511
104 Rainbow CT, Cary, NC 27511
104 Rainbow CT, Cary, NC 27511
104 Rainbow CT, Cary, NC 27511
104 Rainbow CT, Cary, NC 27511
104 Rainbow CT, Cary, NC 27511
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Kharmika Alston

Kharmika Alston

+1(919) 672-4905
Listed by Compass -- Cary
$ 622,500
Est. payment | /mo

5 Beds

4 Baths

2,300 SqFt

Save
$ 622,500
Est. payment | /mo
Save

5 Beds

4 Baths

2,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $270

Subdivision Rainbow Estates

MLS Listing ID 10198593

Bedrooms 5

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1973

Annual Tax Amount $5,371

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Duplex

Source Doorify MLS

Land Area 2300

Property Description

An investment opportunity with income already in place! Welcome to 104/106 Rainbow Court, a fully tenant-occupied duplex just minutes from Downtown Cary and the popular Downtown Cary Park. With both units currently rented, this property offers investors the opportunity to step into an established rental arrangement and begin collecting rental income from day one of ownership, subject to existing lease terms. The duplex features a total of 5 bedrooms, 2 full bathrooms, and 2 half bathrooms across both units, with one side offering 3 bedrooms and 1.5 baths and the other featuring 2 bedrooms and 1.5 baths. Two separate living spaces provide rental flexibility and multiple income streams, making this an appealing addition to an investment portfolio. And the location only adds to its appeal! Just minutes from Downtown Cary, residents enjoy convenient access to restaurants, shops, entertainment, and the incredible Downtown Cary Park. With continued investment and revitalization throughout the downtown area, this established location puts owners close to one of the Triangle's most exciting destinations. Whether you're growing your rental portfolio or making your first investment purchase, 104/106 Rainbow Court offers a chance to acquire an income-producing property with tenants already in place. No need to start from scratch finding renters—this investment is already up and running!

Location

State NC

County Wake

Community Rainbow Estates

Area 0.37

Zoning TRP

Interior

Cooling Central Air

Flooring Tile

Fireplace No

Exterior

Parking Features Concrete, Open

View Trees/Woods

Roof Type Shingle

Garage No

Building

Story Two

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Wake - Cary Elementary

Middle Schools Wake - East Cary Middle

High Schools Wake - Cary High

Others

Senior Community No

Tax ID 0764823474

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS
Nearby Locations
Kharmika Alston

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 672-4905

kharmika@livelovedurham.com

600 Park Offices Drive, 350, Durham, North Carolina 27709, USA

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104 Rainbow CT