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Raleigh, NC 27610,409 Donald Ross Drive
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Raleigh, NC 27610,409 Donald Ross Drive
Raleigh, NC 27610,409 Donald Ross Drive
Raleigh, NC 27610,409 Donald Ross Drive
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Courtney Heyward

Courtney Heyward

+1(919) 208-1898
Listed by Compass -- Raleigh
$ 2,500,000
Est. payment /mo
Save
Active

409 Donald Ross Drive Raleigh, NC 27610

10,157 SqFt

UPDATED:

10/26/2024 02:56 AM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,157 sqft

Price per Sqft $246

Subdivision Not In A Subdivision

MLS Listing ID 10048042

Abv Grd Liv Area 10,157

Originating Board Triangle MLS

Year Built 1950

Annual Tax Amount $6,750

Lot Size 0.940 Acres

Acres 0.94

Property Description

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.

Location

State NC

County Wake

Zoning R-6

Direction Take 440E to Exit 13A New Bern Ave./ Downtown Raleigh. Make Right onto New Bern, pass Wake Med Hospital, and make a left onto Donald Ross Drive.

Exterior

Private Pool No

Building

Faces Take 440E to Exit 13A New Bern Ave./ Downtown Raleigh. Make Right onto New Bern, pass Wake Med Hospital, and make a left onto Donald Ross Drive.

Story 2

Level or Stories 2

New Construction No

Others

Special Listing Condition Standard

Doorify MLS / Triangle MLS

Courtney Heyward

Owner, Head of Operations | C291851

+1(919) 208-1898

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