409 Donald Ross Drive
$2,500,000
—
10,157
10,157
$246
Listed By Compass
Description
Positioned directly across the iconic Raleigh Country Club, this East Raleigh parcel offers prime development opportunity: Take advantage of the designated Raleigh Economic Development Target Area, R-6 Zoning, and the Frequent Transit Overlay District to maximize development: Up to 3 stories / 33 rent by the week units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 weekly rental units total), for immediate cash flow.* Located...Positioned directly across the iconic Raleigh Country Club, this East Raleigh parcel offers prime development opportunity: Take advantage of the designated Raleigh Economic Development Target Area, R-6 Zoning, and the Frequent Transit Overlay District to maximize development: Up to 3 stories / 33 rent by the week units potential with minimal parking. Or buy and hold the existing four 2-story townhouse units, and one one-story unit (23 weekly rental units total), for immediate cash flow.* Located blocks from The WakeMed Hospital Campus and Wake County's future $130M Health & Human Services Campus. Additional on-site features include a well, a swimming pool (currently dirt-filled), two 12x12 storage units. Don't miss out on this rare investment opportunity in Raleigh's thriving downtown community. Owner Financing Available.
Property Details for 409 Donald Ross Drive
Waterfront
No
SubdivisionNot in a Subdivision
LISTING UPDATED: 10/25/2024 05:56 PM
Property Details for 409 Donald Ross Drive
Status | Active |
---|---|
MLS # | 10048042 |
Days on Market | 95 |
Taxes | $6,750 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1950 |
Lot Size | 0.94 AC / 40,946 SF |
County | Wake County |
Building Information for 409 Donald Ross Drive
Stories2Residences-Year Built1950Building Size-Lot Size0.94 AC / 40,946 SF
Property Information for 409 Donald Ross Drive
Property History for 409 Donald Ross Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 409 Donald Ross Drive
Taxable ValueLand$287,500Additions$480,505Total$768,005
Tax Record2024$6,750 ($563 / month)
Home Facts
Baths3.5Total Finished SqFt3,437 SqFtAbove Grade Finished SqFt3,437 SqFtStories1Lot Size40,946 SqFtStyleDuplexYear Built1950Year Renovated1985ZoningR-6CountyWAKEAPN1723.05-17-2660 0078341Fireplace TypeHas Fireplace
Schools near 409 Donald Ross Drive
This home is within Wake County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 13 |
Rating | School | Distance |
---|---|---|
Oak Grove Elementary PublicPK to 5 | ||
Dillard Drive Middle Public6 to 8 | ||
William G Enloe High Public9 to 12 | ||
Wake Early Coll Heal Public9 to 13 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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