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$1,200,000
8 Beds ⋅ 8 Baths ⋅ 10192318 MLS ⋅ ACTIVE Status
Four units. One building. One very good investment opportunity. Channel your inner Wolf in Wall Street- minus the questionable decisions- and take a look at 708 Park & Oak. This renovated 4 unit condo building is being offered as one investment package, with all four units currently leased. Each townhome style condo features 2 bedrooms, 1.5 baths, renovated, and a practical layout designed for easy living and strong rental appeal. In other words: the renovation is done, the tenants are in place, and you can skip the part where someone asks, "So... what's the rehab budget?" Located in Raleigh's highly desirable Five Points area, Park & Oak puts residents close to neighborhood restaurants, shopping, parks, greenways, and all the reasons this part of Raleigh continues to be such a popular place to live. Four renovated units. Four income producing doors. One opportunity to add a turnkey asset to your portfolio. As they say in The Wolf of Wall Street: "Pick up the phone." Your next investment might just be calling.

708 Hawes Ct, Raleigh
$315,000
2 Beds ⋅ 2 Baths ⋅ 10191835 MLS ⋅ ACTIVE Status
**CURRENT SELLER INCENTIVES: 2/1 buy down with use of preferred lender & $10,000 closing cost!** Welcome to Park & Oak at Five Points- where walkable living meets modern style just minutes from Downtown Raleigh, North Hills, Midtown, the Village District and nearby hospitals! This beautifully renovated 2 bedroom, 1.5 bath townhome style condo is tucked into the heart of the community, offering a quiet, private feel with all the same elevated finishes you'd expect. White quartz countertops, stainless steel appliances, a sleek tile backsplash, site-finished hardwoods, refinished hardwood flooring, recessed lighting, and modern matte black finishes throughout- thoughtfully done from top to bottom. Community amenities include a private dog park with agility equipment, picnic shelter and grilling area, a fire pit gathering space, and updated landscaping. Step right outside and enjoy Kiwanis Park greenway, playgrounds, coffee shops, breweries, and local restaurants just moments away. Whether you're searching for a stylish Five Points home base or a strong rental investment, Park & Oak delivers location, lifestyle, and income potential. Projected 6.6% cap rate -- proforma available from the property manager. Short-term rentals permitted (limited availability per covenants).

2613 Mcneil St Unit D, Raleigh

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 .