$475,000
 $2,697 est/mo Sourced by Back At You

525 Maywood Avenue , Raleigh, NC 27603

Raleigh, NC 27603

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Description

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.

Details

MLS#10037312
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site135
Listing Provided ByCityspace Management | Richard Johnson

Features

Acreage0.11
Property ViewYes

Market Activity 27603

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27603
AreaWake
Community NameCaraleigh
School DistrictWake - Broughton
Elementary SchoolWake - Farmington Woods
Middle SchoolWake - Martin
High SchoolWake - Broughton
Listing VS Median (in Caraleigh)
Price:
$475,000
low | high
Med:
$807,450
19.989473684211% of Average
On Site:
135
low | high
Med:
104.500000
100% of Average
Sourced by Back At You
Listing Updated: September 12, 2024 at 2:16:38 PM PDT