3103 New Hope Road

Raleigh, NC 27604
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20 images $195,000 View home

Kelly Heights

3103 N New Hope Road, Raleigh NC 27604

3 bd / 2 ba / 1,108 sqft

Status: Active Under Contract, MLS #10157893 Courtesy of NorthGroup Real Estate, Inc..

3103 New Hope Road

Raleigh, NC 27604
Active Under Contract ID# 10157893

Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.

$195,000 3 bedrooms 2 full bathrooms 0.56 acres 1,108 square feet $176 per square foot
  • Construction Materials Brick
  • Lot Size Acres 0.56
  • Other Structures Shed(s)
  • Parking Features Asphalt, Driveway, Paved
  • Structure Type House
  • Above Grade Finished Area 1,108
  • Appliances Electric Water Heater
  • Cooling Ceiling Fan(s), Central Air
  • Cooling Y/N Yes
  • Fireplace Features None
  • Flooring Carpet, Tile, Other
  • Heating Forced Air
  • Heating Y/N Yes
  • Interior Features Ceiling Fan(s)
  • Laundry Features Other
  • Rooms Total 7
  • Lot Features Back Yard, City Lot, Corner Lot, Hardwood Trees, Rectangular Lot
  • Tax Annual Amount 1889.98
  • Water Source See Remarks
  • Year Built 1960

Additional Property Information

  • TypeSingle Family Residence
  • Built1960
  • NeighborhoodKelly Heights
  • CountyWake
  • AreaRaleigh
  • Elementary SchoolWake - Wilburn
  • Middle SchoolWake - Durant
  • High SchoolWake - Heritage
More Info on School Ratings

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