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Wake - OberlinMiddle School
Wake - BroughtonHigh School
RARE LISTING RIGHT NOW- WALK TO NORTH HILLS SHOPPING. Being sold for the Price of the lot. Home is being sold "As-IS". It is livable with some small repairs. The home has been vacant for 3 years due to the rental moratorium. Home was recently cleaned up and over grown landscaping taken away from the house. This home is in an area where homes are torn down to build multi-million dollar homes due to the access to midtown and Central Raleigh activities. Home 3 doors down just closed for 4.2 million. R-4 zoning requirements allow 38% of the lot to be impervious. The lot can support a 3-4 level home up to approximately 9500 square feet. The best ROI for this property is building a modern home on the lot. Renovating the existing home could possibly offer a good return on Air BNB with the right updates as the equity opportunity offered here is easy to see. This home is being offered at less than half of the dollar per sq ft of current sales on the street.
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