509 Cape AVE, Raleigh, NC 27601
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509 Cape AVE, Raleigh, NC 27601
509 Cape AVE, Raleigh, NC 27601
509 Cape AVE, Raleigh, NC 27601
509 Cape AVE, Raleigh, NC 27601
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Listed by Rich Realty Group
$ 969,000
Est. payment /mo
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Active

509 Cape AVE Raleigh, NC 27601

6 Beds

4 Baths

2,513 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,513 sqft

Price per Sqft $385

Subdivision Not In A Subdivision

MLS Listing ID 10157441

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,809

Lot Size 2,513 Sqft

Acres 0.29

Lot Dimensions 123x101x123x101

Property Sub-Type Quadruplex

Source Doorify MLS

Land Area 2513

Property Description

Attention investors and builders! Two fully leased duplexes in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully renovated and permitted units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while offering views of open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. Amazing location for Airbnb! Long term development potential.

Location

State NC

County Wake

Community Not In A Subdivision

Area 0.29

Zoning R-10

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Kitchen/Dining Room Combination

Cooling Ductless, Electric, Multi Units, Wall Unit(s)

Flooring Linoleum, Luxury Vinyl, Tile

Fireplace No

Appliance Oven, Dryer, Dishwasher, Washer/Dryer

Laundry See Remarks

Exterior

Exterior Feature Courtyard

Parking Features Common, Concrete, Gravel, Off Street, On Site, On Street

Garage Spaces 10.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Skyline, Downtown, Trees/Woods, Park/Greenbelt

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Lot Description Cleared, Corner Lot, Near Public Transit, Views, See Remarks

Story One

Foundation Block

Water Public

New Construction No

Schools

Elementary Schools Wake County Schools

Middle Schools Wake County Schools

Others

Senior Community No

Tax ID 170352951327000 0017724

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Doorify MLS

Nearby Locations

Sharon Webb

Sharon Webb

Broker | License ID: 276496

+1(919) 584-5554

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509 Cape AVE