Prime Residential Development Opportunity! 2.5 acres currently zoned R-6, inside the beltline and within the transit overlay district. Minutes away from Wake Medial Hospital, 440 and Downtown Raleigh. Public water and sewer are available. Development is possible on this site. Currently there are 2 rented houses on the property; however, the true value is in the land for future development with higher density. Bring your builder/developer to this great opportunity to address the demand for housing in the Raleigh area. This property is also listed for sale in Rental Income MLS #10136648
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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