Active
409 Donald Ross Drive
Raleigh NC, 27610
$2,500,000
$246.14 per sqft
Active
10,157 sqft
Commercial
Built in 1950
Listing courtesy of Compass -- Raleigh
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 units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 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.
10048042
MLSⓇ ID
August 20, 2024
Listed
September 16, 2024
Updated
Map
409 Donald Ross Drive
Raleigh NC, 27610
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.94 Acres
Other Property Details
Taxes
$6,750
Tax Frequency
Annually
Days on Market
22
Garage
No
View
No
County
Wake
Pool
No
Zoning
R-6
Listed by Marianne Mansour, , Compass -- Raleigh
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Data last updated 8:46 PM UTC, 9/16/2024
