2708 Sadie Hopkins Street, Raleigh, NC 27603

$315,000

Seller Representative Compass -- Raleigh

List Price
$315,000
Status
ACTIVE
MLS#
2512986
Subdivision
King
Acres
0.40

Property Description

Calling all investors! Bring your builders/investors to 2708 Sadie Hopkins -- just under a half acre , fully entitled, build ready lot in a prime Raleigh location, and three miles to NC State. The property comes with a set of engineered plans ready to be submitted to the City of Raleigh for permitting -- saving investors and builders carrying costs and time. The City of Raleigh has approved a duplex and would be willing to include an ADU for at least one of the units. City Water and Sewer available at the site. Sellers has previously explored options of 2 duplexes on the property and the City is willing to allow 1 duplex and an ADU -- appraisal done for sellers values two duplexes on the property at $1,400,000 post build, conservative estimates for ADU + Duplex put value around $850,000. Amazing opportunity for small/medium size builders to get in in the heart of Raleigh-- don't miss this one! .

Additional Information

Special Conditions
No Special Conditions
Lot Description
Res In Subdivision, Open Lot
Water Sewer
City On Site, Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2023 Triangle MLS, Inc. of North Carolina. Data last updated .