About 409 Donald Ross Drive, Raleigh, North Carolina, 27610
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.
Special Listing Conditions: Standard
Special Listing Conditions: Standard
Street Address: 409 Donald Ross Drive
City: Raleigh
State: North Carolina
Postal Code: 27610
County: Wake
Directions:
Take 440E to Exit 13A New Bern Ave./ Downtown Raleigh. Make Right onto New Bern, pass Wake Med Hospital, and make a left onto Donald Ross Drive.
Property Information :
Listing Status: Active
Size: 10,157 Sqft
Lot Size: 0.94 Acres
MLS #: 10048042
Price: $2,500,000
Tax Amount: 6750
Construction Status: Built in 1950
Last Modified : Oct 25 2024 8:35PM
Courtesy of: Marianne Mansour, Compass -- Raleigh (MLS# 75688)
Source MLS: DMLS