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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.
Estimated Payment
The Sherry Riano Team
Information Not Guaranteed. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.