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Discover a rare investment opportunity, 1.5 acres within Raleigh City Limits. Sold as-is, this listing presents a unique chance to invest in a prime location near downtown Raleigh and major highways. This lot features a residential home that has been bordered up for about 10 years. No Entry Access by Seller due to Safety concerns. The Seller inherited this home and has no knowledge of the condition of the home. Surrounded by single family, multi-family homes, restaurants, banks, grocery stores, parks and much more. Rich in local heritage, this longtime family-owned land presents a golden chance to tap into Raleigh`s dynamic growth. Currently zoned R-4 for residential use, this transitional property has the potential for commercial development with proper city council approval and rezoning. This property is ideal for investors, business owners, or developers looking to capitalize on a high-visibility, high-traffic area. No HOA. Please contact the Listing Agent for more information: Freda Robinson, Realtor, 919-928-2505. Please Do Not Enter the Home due to Safety concerns.
Estimated Payment
Fairway Mortgage
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