2.33 acres with City water/sewer with 5 DETACHED HOMES (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB off New Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes before they can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. At least $1200 rent potential/ home. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to be in one of Raleigh's redevelopment areas. Pleasecheck https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance.
Lot/land
$995,000
3915 Virginia St #121-129, Raleigh, NC 27610
--beds
--baths
2.33Acres
Ranch, Land
Built in ----
2.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 47 days
- on Zillow |
- 68 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 01:16pm
Listed by:
Joe Matthews 919-244-7733,
Real Triangle Properties LLC,
Philo Matthews 919-656-6783,
Real Triangle Properties LLC
Source: Doorify MLS,MLS#: 10087392

Travel times
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 2.33 Acres
Details
- Parcel number: 1724643495
- Zoning: R-4
- Special conditions: Standard
Utilities & green energy
- Sewer: Conventional
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Connected
Community & HOA
Community
- Subdivision: Beacon Lake
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Annual tax amount: $4,784
- Date on market: 4/5/2025
- Lease term: Month To Month
- Road surface type: Gravel, Paved, Other
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