525 Maywood Avenue, Raleigh NC 27603

$ 535,000
525 Maywood Avenue, Raleigh NC 27603, ,

Overview

  • Updated On:
  • June 23, 2024
  • Updated On:
  • June 23, 2024

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together.

Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.

Address: 525 Maywood Avenue, Raleigh NC 27603
City:
Area:
State/County:
Zip: 27603
Country: US
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Property Id : 697752
Price: $ 535,000
Property Lot Size: 0 ft2
Listed By: Richard Johnson
List Office Name: Cityspace Management
DOM: 1
ElementarySchool: Wake - Farmington Woods
HighSchool: Wake - Broughton
LotFeatures: City Lot,See Remarks
LotSizeArea: 4791.6
LotSizeSquareFeet: 4791.6
Other Features
Has a View
Home Owners Association
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$ 2,743.05
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,074.30

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Lacee Harris