$2,500,000
( $246.14Per Sq Foot )
 $14,195 est/mo Sourced by Back At You

409 Donald Ross Drive , Raleigh, NC 27610

Raleigh, NC 27610

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Description

Positioned directly across the iconic Raleigh Country Club, this East Raleigh parcel offers prime development opportunity: Take advantage of the designated Raleigh Economic Development Target Area, R-6 Zoning, and the Frequent Transit Overlay District to maximize development: Up to 3 stories / 33 rent by the week units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 weekly rental units total), for immediate cash flow.* Located blocks from The WakeMed Hospital Campus and Wake County's future $130M Health & Human Services Campus. Additional on-site features include a well, a swimming pool (currently dirt-filled), two 12x12 storage units. Don't miss out on this rare investment opportunity in Raleigh's thriving downtown community. Owner Financing Available.

Details

MLS#10048042
Listing TypeFor Lease
StyleTown House
StatusActive
Year1950
Days On Site82
Listing Provided ByCompass -- Raleigh | Marianne Mansour

Features

SQ Feet10,157
Story(s)2
ZoningR-6
Acreage0.94

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameNot in a Subdivision
Listing VS Median (in Not in a Subdivision)
Price:
$2,500,000
low | high
Med:
$329,900
100% of Average
SqFt:
10,157
low | high
Med:
2,151
100% of Average
$ / SqFt:
$246
low | high
Med:
$153
87.688622966062% of Average
On Site:
82
low | high
Med:
68
100% of Average
Sourced by Back At You
Listing Updated: November 5, 2024 at 12:48:54 PM PST