716-804 Cumberland, Raleigh, NC 27610

$1,300,000

Seller Representative Rich Realty Group

List Price
$1,300,000
Status
ACTIVE
MLS#
10035706
Lot Size
23,522
Subdivision
Not In A Subdivision
Acres
0.54

Property Description

Downtown Raleigh Development opportunity with options! Possible 14 three story unit townhouse style condos or 2 duplexes with condo conversion in existing quad! Existing property includes 2 future single family lots and a brick quad of 1bed/1bath units 3 of which are rented. Lot 2 is currently pending subdivision to 2 single family lots. Currently a single family brick ranch with rental income potential. Great location in a neighborhood with new construction in every direciton.

Additional Information

Hoa Fee Includes
None
Special Conditions
Standard
Lot Description
Level
Water Sewer
Public, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2024 Triangle MLS, Inc. of North Carolina. Data last updated .