409 Donald Ross Drive , Raleigh, NC 27610
Raleigh, NC 27610
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 units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 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 Type | For Lease |
| Style | Town House |
| Status | Active |
| Year | 1950 |
| Days On Site | 48 |
| Listing Provided By | Compass -- Raleigh | Marianne Mansour |
Features
| SQ Feet | 10,157 |
|---|---|
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.94 |
Market Activity 27610
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27610 |
| Area | Wake |
| Community Name | Not in a Subdivision |
| Listing VS Median (in Not in a Subdivision) | |
Price: $2,500,000 low | high Med: $334,900 SqFt: 10,157 low | high Med: 1,623 $ / SqFt: $246 low | high Med: $207 On Site: 48 low | high Med: 116.5 | |