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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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550 E Jones St , Raleigh, NC 27601
$1,800,000
Est. Payment: $4,000.00/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 100
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74607 - 91946
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.
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Highlights

Listed by John Anton , 919-395-3773 Steeloak Residential LLC , 919-395-3773.

Property Type

Vacant Land
Lot/Acreage
0.14

County

Wake

 Neighborhood

Historic Oakwood

Listing ID

10172633

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:Back Yard,City Lot,Hardwood Trees,Interior Lot,Rectangular Lot,Driveway,Sidewalks
Lot Dimensions:30 x 208 x 30 x 208
Zoning:R-10
Sewer:Public Sewer
Principal Interest
$4,000
Taxes
$329

Home Price

$1,800,000

Loan Details

30 yrs
%

Down Payment

20%
$360,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,000.00 $329.27 $0.00 $4,329.27
Yearly $48,000.00 $3,951.28 $0.00 $51,951.28
Total $1,440,000.00 $118,538.40 $0.00 $1,558,538.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.