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  • $655,000

    500 Ridgecrest Rd, Cary, NC 27511

    5beds
    2,450sqft
    Duplex, Multi Family
    Built in 1981
    -- sqft lot
    $662,200 Zestimate®
    $267/sqft
    $-- HOA

    What's special

    INVESTOR ALERT!! Priced $85k below the latest county assessed value! This duplex property on a residential street in the heart of Cary has so much potential. Only 0.6mi to the new Downtown Cary Park and all the great restaurants/entertainment. Priced below $195 sq/ft this is a RARE opportunity for this location! Both units have long-term tenants that are month-to-month. Unit 500 has 3 bedrooms and 2.5 baths, while Unit 502 has 2 bedrooms, 1 full bath and 2 half baths. This 0.29 acre property is deeded as one entity, but because it's a duplex there are two Town of Cary water meters, two Duke Energy electric meters, and two USPS addresses for the property. Tenants are responsible for their respective utilities.

    Zillow last checked: 7 hours ago

    Listing updated: March 01, 2025 at 07:24am

    Listed by:

    Penelope Wilkinson 910-603-7578,

    Northside Realty Inc.

    Bought with:

    Scott Korbin, 152541

    Compass -- Cary

    Source: Doorify MLS,MLS#: 10018117MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Central, Forced Air, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, In Unit, Laundry Room, Washer Hookup
    Features
    • Flooring: Carpet, Hardwood, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 2,450
    • Total interior livable area: 2,450 sqft
    • Finished area above ground: 2,450
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Patio & porch: Deck
    • Has view: Yes
    Lot
    • Size: 0.29 Acres
    • Dimensions: 85 x 150
    • Features: Few Trees, Level
    Details
    • Parcel number: 0764109263
    • Special conditions: Seller Licensed Real Estate Professional

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Transitional
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Cary
    • Subdivision: Carr Hills
    Services availability
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    Estimated market value

    $662,200