100 Madrid Court, Garner, NC 27529
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
100 Madrid Court,Garner, NC 27529
$419,900
- 6 Beds
- 4 Baths
- 2,388 sq. ft.
- Multi-family
- Active
Listed by: cc bennett
Office: chk realty
MLS#:10172157
Source:RD
Price summary
- Price:$419,900
- Price per sq. ft.:$175.84
About this home
Investors, take note! Fully Rented Turnkey Duplex on Corner Lot - No HOA Fees & Immediate Cash Flow! Welcome to 100 Madrid Court, a rare, fully occupied income-generating duplex perfectly positioned on a spacious corner lot in the heart of Garner. This property gives you 100% control over your investment with maximum bottom-line profitability. This low-maintenance two-family property offers immediate cash flow from day one with established tenants already in place. Each side features a functional layout designed for long-term tenant retention, complete with 3 bedrooms each unit, 1.5 baths, comfortable living spaces, fully equipped kitchens (including refrigerator, range, and dishwasher), central air, dedicated washer/dryer hookups. Roof was done in 2020. LVP throughout 1st floor of both units. HVAC around 5 years. The exterior features a sizable 0.29-acre spacious fenced in lot. Tenants pay their own separate utilities (water, sewer, and electric) and yard maintainess. The location offers unbeatable tenant appeal and convenience. Situated just off Timber Drive and Aversboro Road, residents are less than a half-mile walk from everyday essentials like Lowes Foods and ALDI. The property sits minutes from the premier dining and retail at Garner Towne Square, and offers a seamless drive straight down Timber Drive to the massive White Oak Crossing retail center. With immediate access to US-70 and I-40 for a quick commute into downtown Raleigh, this high-demand Wake County location guarantees a strong, consistent tenant pool....
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Home facts
- Year built:1981
- Listing ID #:10172157
- Added:1 day(s) ago
- Updated:June 06, 2026 at 03:14 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Flooring:Carpet, Laminate, Vinyl
- Kitchen Description:Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
- Living area:2,388 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:2,388 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Brick, Frame
- Exterior Features:Rain Gutters
- Levels:Multi/Split, One
Schools
- High school:Wake - Garner High
- Middle school:Wake - East Garner Middle
- Elementary school:Wake - Aversboro Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$419,900
- Price per sq. ft.:$175.84
- Tax amount:$3,585
Features and amenities
- Appliances:Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Refrigerator, Range, Range Hood, Refrigerator
- Amenities:Laminate Counters
Parking
- Parking description:Driveway, Parking Pad
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