509 Cape Ave, Raleigh, NC 27601

Beds
6
Baths
4
Sqft
2,513

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Listed byRich Realty Group
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Overview

Attention investors and builders! Two fully leased duplexes in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully renovated and permitted units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while offering views of open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. Amazing location for Airbnb! Long term development potential.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
6
Number of bathrooms
4
Square feet
2,513
Lot size (acres)
0.29
Year built
1940

Interior features

Laundry
See Remarks

Utilities

Heating
Electric, Ductless
Cooling
Wall Units, Multi-split AC, Electric, Ductless, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,809.22

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Triangle MLS MLS®#: 10157441 Last checked:

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