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$2,500,000
124 Days On Site

409 Donald Ross Drive
Raleigh, NC 27610

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
10,157
SqFt
$246
/SqFt
1950
Built
Subdivision:
Not in a Subdivision
County:
Wake

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409 Donald Ross Drive409 Donald Ross Drive409 Donald Ross Drive
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Positioned directly across the iconic Raleigh Country Club, this East Raleigh parcel offers prime development opportunity: Take advantage of the designated Raleigh Economic Development Target Area, R-6 Zoning, and the Frequent Transit Overlay District to maximize development: Up to 3 stories / 33 rent by the week units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 weekly rental units total), for immediate cash flow.* Located blocks from The WakeMed Hospital Campus and Wake County's future $130M Health & Human Services Campus. Additional on-site features include a well, a swimming pool (currently dirt-filled), two 12x12 storage units. Don't miss out on this rare investment opportunity in Raleigh's thriving downtown community. Owner Financing Available.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
124 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,157 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.94 Acres
Year Built 
1950
MLS® Number 
10048042
Status 
Active
Property Tax 
$6,750
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.94
Number Of Stories 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
10157
Zoning 
R-6
Interior Features
Heating 
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Community Features
Financing Terms Available 
CashConventionalOwner Will CarryPrivate Financing Available
Listing courtesy of Marianne Mansour of Compass -- Raleigh



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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