2.33 acres with City water/sewer with 5 DETACHED HOMES (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB 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. At least $1200 rent potential/ home. 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. Pleasecheck https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance.
Data last updated April 5, 2025, 7:15 p.m.. Properties in listings may have been sold or may no longer be available.