550 E Jones Street, Raleigh, NC 27601
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550 E Jones Street, Raleigh, NC 27601
550 E Jones Street, Raleigh, NC 27601
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Choices Team

Choices Team

+1(919) 322-8090
Listed by Steeloak Residential LLC
$ 1,800,000
Est. payment /mo
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550 E Jones Street Raleigh, NC 27601

6,098 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Historic Oakwood

MLS Listing ID 10172633

HOA Y/N No

Annual Tax Amount $3,951

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Unimproved Land

Source Triangle MLS

Property 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.

Location

State NC

County Wake

Zoning R-10

Direction Turn on E Jones from N Person, Lots are 2 blocks down on right.

Exterior

Fence None

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected

View Y/N Yes

View City, Neighborhood

Present Use Multi-Family

Street Surface Asphalt

Private Pool No

Building

Lot Description Back Yard, City Lot, Hardwood Trees, Interior Lot, Rectangular Lot, Driveway, Sidewalks

Faces Turn on E Jones from N Person, Lots are 2 blocks down on right.

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wake - Conn Elementary

Middle Schools Wake - Oberlin Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 170328998668000 0054421

Special Listing Condition Standard

Doorify MLS / Triangle MLS

NEARBY SCHOOLS & PROPERTIES

Choices Team

Choices Team

Broker | License ID: 311950

+1(919) 322-8090

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