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5 DETACHED HOMES (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land off New Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes before they can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to be in one of Raleigh's redevelopment areas. Please check https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance.
| DAYS ON MARKET | 14 | LAST UPDATED | 5/5/2024 |
|---|---|---|---|
| TRACT | Beacon Lake | YEAR BUILT | 1968 |
| COUNTY | Wake | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Wake - Partnership |
|---|---|
| Jr. High School | Wake - Moore Square Museum |
| High School | Wake - S E Raleigh |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BUYER'S BROKERAGE COMPENSATION | % |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 0 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Beacon Lake |
| TAXES | 4618 |
| WATER | Public |
| ZONING | R-4 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Real Triangle Properties LLC
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Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property
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Data last updated: 5/18/24 12:01 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.