515 Hoke Street Active Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27601
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $245
Subdivision South Park
MLS Listing ID 10115335
Style Duplex,Multi Family
Bedrooms 6
Full Baths 2
Year Built 1983
Annual Tax Amount $3,043
Lot Size 6,969 Sqft
Property Sub-Type Duplex
Property Description
Priced to sell! 175K price improvement!!!!! Remarkable investment opportunity w/ this duplex located in prime downtown Raleigh! (Also available-513 Hoke street (adjacent) ! While this property requires extensive renovations, it presents an incredible canvas for seasoned investors looking to add value and build on the surrounding growth. Each building sits on .16 acres, features two-- 3 bed 1 bath, ideal for long or short term rental opportunities. With a tax land value alone of $300,000 (DOUBLE your investment if both purchased). Only a 6 min drive to NC State & 4 min to the newly developed Dorthea Dix Park, featuring The 18.5 acre Gipson Play Area w/ multiple playgrounds, sensory maze, splash fountain & more! Encircled by NEW construction, this is an opportunity to secure properties in an ideal location! 10 min to Walnut Creek Amphitheater, 3 min to the Convention Center, restaurants, culture- endless posibilities! Ability to capitalize on a prime investment & make this property your next success story!
Location
State NC
County Wake
Rooms
Other Rooms
• Primary Bedroom (Lower)
• Primary Bedroom (Upper)
Interior
Heating Other
Cooling None
Flooring Carpet,Vinyl,None
Exterior
View Y/N Yes
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Unknown
New Construction No
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
Special Listing Condition Standard