Calling all investors! Bring your builders/investors to 2708 Sadie Hopkins -- just under a half acre , fully entitled, build ready lot in a prime Raleigh location, and three miles to NC State. The property comes with a set of engineered plans ready to be submitted to the City of Raleigh for permitting -- saving investors and builders carrying costs and time. The City of Raleigh has approved a duplex and would be willing to include an ADU for at least one of the units. City Water and Sewer available at the site. Sellers has previously explored options of 2 duplexes on the property and the City is willing to allow 1 duplex and an ADU -- appraisal done for sellers values two duplexes on the property at $1,400,000 post build, conservative estimates for ADU + Duplex put value around $850,000. Amazing opportunity for small/medium size builders to get in in the heart of Raleigh-- don't miss this one! .
Listing courtesy of Compass -- Raleigh.