About The Property

Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate saleRead MoreRead Less
Courtesy of NorthGroup Real Estate, Inc., Sherrie Smith, 704-412-2804.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,108
Lot Size
0.56 Acres
Year Built
1960
MLS Number
10157893
Koren Bowman
REALTOR
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Additional Details

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Property Access
Road Frontage Type: "City Street", Road Surface Type: "Asphalt", "Paved"
Appliances & Equipment
Appliances: "Electric Water Heater"
Building
Building Area Total: 1108, Building Area Units: Square Feet, Construction Materials: "Brick", Living Area Units: Square Feet, Living Area: 1108, Other Structures: "Shed(s)", Structure Type: "House", Year Built: 1960
Cooling
Cooling: "Ceiling Fan(s)", "Central Air", Cooling Included
Fireplaces
Fireplace Included, Features: "None"
Floors
Flooring: "Carpet", "Tile", "Other"
Foundation
Foundation Details: "Brick/Mortar"
Heating
Heating: "Forced Air", Heating Included
Interior Features
Interior Features: "Ceiling Fan(s)"
Laundry
Features: "Other"
Lot
Lot Features: "Back Yard", "City Lot", "Corner Lot", "Hardwood Trees", "Rectangular Lot", Lot Size Acres: 0.56, Lot Size Area: 24393.6, Lot Size Square Feet: 24393.6, Lot Size Units: Square Feet, Parcel Number: 0047062
Parking
Parking Features: Asphalt, Driveway, Paved
Property
Property Sub Type: Single Family Residence, Zoning: R-4
Roof
Roof: "Shingle"
Sewer
Sewer: "Unknown"
Taxes
Tax Annual Amount: 1889.98
Utilities
Water Source: "See Remarks"
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30 Days Snapshot Of 27604
$643k
+225%
(avg) sold price
3
-40%
homes sold
90
-14%
(avg) days on market
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Courtesy of NorthGroup Real Estate, Inc., Sherrie Smith, 704-412-2804.

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