SoldMay 30, 2024

Listed by Penelope Wilkinson from Northside Realty Inc.

Bought with Scott Korbin from Compass -- Cary

Source: Triangle MLS, Inc. #10018117

500 Ridgecrest Road, Cary, NC, 27511

$655,000

5
6
2450 sq. ft.
12632.4 sq. ft.

Duplex

4 days on the market

Sold: May 30, 2024

What's around 500 Ridgecrest Road

About this property

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.

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Buyer's review

over 1 year ago

Very thorough and knowledgeable

Scott is great to work with. Very knowledgeable and professional.

B
Buyer

Contact

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