Description
Calling all investors! Bring your builders/investors to 2708 Sadie Hopkins -- just under a half acre , fully entitled, build ready lot in a prime Raleigh location, and three miles to NC State. The property comes with a set of engineered plans ready to be submitted to the City of Raleigh for permitting -- saving investors and builders carrying costs and time. The City of Raleigh has approved a duplex and would be willing to include an ADU for at least one of the units. City Water and Sewer available at the site. Sellers has previously explored options of 2 duplexes on the property and the City is willing to allow 1 duplex and an ADU -- appraisal done for sellers values two duplexes on the property at $1,400,000 post build, conservative estimates for ADU + Duplex put value around $850,000. Amazing opportunity for small/medium size builders to get in in the heart of Raleigh-- don't miss this one! .
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0BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
School Information
Listing courtesy of Compass -- Raleigh: . © 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
Calling all investors! Bring your builders/investors to 2708 Sadie Hopkins -- just under a half acre , fully entitled, build ready lot in a prime Raleigh location, and three miles to NC State. The property comes with a set of engineered plans ready to be submitted to the City of Raleigh for permitting -- saving investors and builders carrying costs and time. The City of Raleigh has approved a duplex and would be willing to include an ADU for at least one of the units. City Water and Sewer available at the site. Sellers has previously explored options of 2 duplexes on the property and the City is willing to allow 1 duplex and an ADU -- appraisal done for sellers values two duplexes on the property at $1,400,000 post build, conservative estimates for ADU + Duplex put value around $850,000. Amazing opportunity for small/medium size builders to get in in the heart of Raleigh-- don't miss this one! .
©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS,
Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-09-29T18:54:57.123.