Cary, NC 27511,500 Ridgecrest Road
Listed by Northside Realty Inc.
Bought with Compass -- Cary

$655,000

$474,000

38.2%
Est.Price: ?

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Est. payment /mo

5 Beds

6 Baths

2,450 SqFt


SOLD DATE : 05/30/2024

Key Details

Sold Price $655,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $267

Subdivision Carr Hills

MLS Listing ID 10018117

Sold Date 05/30/24

Style Duplex

Bedrooms 5

Full Baths 3

Half Baths 3

Abv Grd Liv Area 2,450

Originating Board Triangle MLS

Year Built 1981

Annual Tax Amount $3,410

Lot Size 0.290 Acres

Acres 0.29

Property Description

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.

Location

State NC

County Wake

Community Sidewalks

Interior

Heating Central, Forced Air, Heat Pump

Cooling Central Air, Heat Pump

Flooring Carpet, Hardwood, Vinyl

Appliance Dishwasher, Electric Water Heater, Free-Standing Electric Range, Refrigerator

Laundry Electric Dryer Hookup, In Unit, Laundry Room, Washer Hookup

Exterior

Community Features Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

Roof Type Shingle

Porch Deck

Private Pool No

Building

Lot Description Few Trees, Level

Building Description Brick Veneer,Vinyl Siding, Sump Pump

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Transitional

Structure Type Brick Veneer,Vinyl Siding

New Construction No

Schools

Elementary Schools Wake - Cary

Middle Schools Wake - East Cary

High Schools Wake - Cary

Others

Tax ID 0764109263

Special Listing Condition Seller Licensed Real Estate Professional

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Doorify MLS / Triangle MLS
agent-avatar

+1(724) 312-5569

matessa.ncrealtor@gmail.com

Raleigh, NC, 27616, United States

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