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Historic Re-hab project in Downtown Raleigh

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$285,000.00

This listing is sold "AS IS"

Address

911 New Bern Avenue
Raleigh, NC 27601

Overview

This large, one-time single family home was built in 1925 and has been operated as a seven-unit apartment building for many years. Currently vacant, this is a major rehab project that would be best served as a conversion back to single-family or perhaps a unique office project, as it is zoned O+I.
  • Appraised for $315,000 in 2005
  • Located in quickly improving East Raleigh
  • Best for long-term investor with immediate capital
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Unit Information

UnitSizeTypeLeaseRent
911 NEW BERN 3,433 SF 7 BD/5 BA N/A N/A

Property Information

PIN
1713191170
Tax Value
$181,073
Taxes
$1,373.39
Lot Size
.20 ACRES
Year Built
1925
Exterior
WOOD
Floors
CARPET; VINYL
Foundation
CRAWL
Owner Financing
NO
Legal Description
LO15+16 BM 1885-121
Zoning
O+I 2

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