2809 Haven Road new to site

Raleigh,NC 27610

$ 399900

4 Beds

4 Baths

2033 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,033 sqft

Price per Sqft $196

Subdivision Country Club View

MLS Listing ID 10085797

Style Site Built

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1984

Annual Tax Amount $2,919

Lot Size 0.460 Acres

Property Sub-Type Duplex

Property Description

ATTENTION DEVELOPERS! Rare Duplex offered in the heart of Raleigh near HWY 64 and Interstate 40 by Wake Med Hospital. The home resides in the newly rezoned high density special transit district for New Bern Ave (Hwy 64) where the city is building a multi million transit upgrade for HWY 64 to make the city more accessible. This home currently is a duplex in need of repair and home is uninhabitable. However with the new zoning it is approved for up to 16 units and could be torn down and a small apartment complex or up to 12 townhomes could be put in its place. If a developer were to acquire surrounding properties then a much larger high density project could be green lit by the city. The current owners have made significant upgrades with over $40K in renovations the last 10 years including remodeling both units and upgrading HVAC on both units in the last 2 years. No HOA helps you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity to fix and flip or develop for savvy investors. A 3bd/2bath apartment or townhome would likely rent for $1900-$2000 a month in this location based on current market comps.

Location

State NC

County Wake

Interior

Heating Natural Gas

Cooling Electric

Flooring Carpet,Vinyl

Exterior

Exterior Feature Storage

View Y/N Yes

Roof Type Shingle

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Masonite

New Construction No

Schools

Elementary Schools Wake - Oak Grove

Middle Schools Wake - Dillard

High Schools Wake - Enloe

Others

Special Listing Condition Standard

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