Barrett Realty, Inc.
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.
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