Residential Land For Sale

Picture of Residential Land For Sale in Raleigh, North Carolina, United States

$315,000

2708 Sadie Hopkins St
Raleigh, North Carolina, United States

Listed By: Realtyww Info

Listed On: 05/27/2023

Listing ID: GL10377747 View More Details

Description

Calling all investors! Bring your builders/investors to 2708 Sadie Hopkins -- just under a half acre , fully entitled, build ready lot in a prime Raleigh location, and three miles to NC State. The property comes with a set of engineered plans ready to be submitted to the City of Raleigh for permitting -- saving investors and builders carrying costs and time. The City of Raleigh has approved a duplex and would be willing to include an ADU for at least one of the units. City Water and Sewer available at the site. Sellers has previously explored options of 2 duplexes on the property and the City is willing to allow 1 duplex and an ADU -- appraisal done for sellers values two duplexes on the property at $1, 400, 000 post build, conservative estimates for ADU + Duplex put value around $850, 000. Amazing opportunity for small/medium size builders to get in in the heart of Raleigh-- don't miss this one!.

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Listed by: Compass