Bought with Property Specific, LLC
$475,000
$550,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,449 SqFt
SOLD DATE : 03/28/2024
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,449 sqft
Price per Sqft $327
Subdivision Not In A Subdivision
MLS Listing ID 2532285
Sold Date 03/28/24
Style Site Built
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,449
Originating Board Triangle MLS
Year Built 1957
Annual Tax Amount $2,323
Lot Size 0.460 Acres
Acres 0.46
Property Description
Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Though the property is currently being lived in, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5101 Memory Rd as a simuataneous closing/transaction--seeMLS#2532283 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.
Location
State NC
County Wake
Zoning OX3
Direction North on Falls of Neuse Rd Right on Millbrook Right on Memory
Interior
Heating None
Cooling None
Flooring Vinyl
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Type Concrete, Driveway
Garage No
Private Pool No
Building
Faces North on Falls of Neuse Rd Right on Millbrook Right on Memory
Architectural Style Craftsman
Structure Type Brick
New Construction No
Schools
Elementary Schools Wake - Millbrook
Middle Schools Wake - East Millbrook
High Schools Wake - Millbrook
Others
Senior Community false
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