Attention investors and builders! Two fully leased duplexes in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully renovated and permitted units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while offering views of open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. Amazing location for Airbnb! Long term development potential.
Features
6 bedrooms
4 bathrooms
directions_car10 carspaces
2513 sq. ft. floor area
crop_free12632.4 sq. ft. lot size
cottageDuplex
Property history for 509 Cape Avenue
2020
Rented
Undisclosed
14 Mar 2020 by NextHome The Ideal Group
Happy sellers in Raleigh
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Local market activity for 6 bedroom duplexes in Raleigh
Sold
For Sale
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