

Investors, don't miss this rare opportunity to own two income-producing properties in the heart of Downtown Cary, being offered at more than $40,000 below the appraised value. When purchased together with 209 High House Road (MLS #10087046), this unique package offers over half an acre of prime real estate in one of Cary's most desirable and fast-growing areas. Zoned R-8 CU, these properties provide exceptional flexibility and potential for long-term appreciation, redevelopment, or dual-rental income. This two-story home features 4 bedrooms, 2 bathrooms, and 1,637 square feet of living space. Built in 1979, it includes an unfinished basement, fireplaces, a spacious rear deck, and a covered front porch that adds timeless curb appeal. Currently rented on a month-to-month basis at $1,795/month, it offers immediate cash flow with strong upside potential. Located just minutes from Downtown Cary's vibrant restaurants, shops, parks, and upcoming developments, this is an ideal opportunity for investors, developers, or owner-occupants looking to live in one home and rent the other. While the sellers prefer to sell both homes together for better terms, individual offers will be considered. Whether you're expanding your rental portfolio, planning a redevelopment project, or seeking a smart house hack opportunity, this is truly an investor's dream in one of the Triangle's most in-demand locations.
Listing courtesy of Choice Residential Real Estate. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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