3506 Bellevue Rd, Raleigh, NC 27609

RARE LISTING RIGHT NOW- WALK TO NORTH HILLS SHOPPING. Being sold for the Price of the lot. Home is being sold "As-IS". The home is livable with some small repairs. The outside was recently cleaned up and overgrown landscaping taken away from the house. This home is in an area where homes are torn down to build multi-million dollar homes due to the access to midtown & Central Raleigh activities. The lot can support a 3-4 level home up to approximately 9500 sq ft or a 6000 sq ft addition. Renovating the existing home could possibly offer a good return on Air BNB with the right updates as the equity opportunity offered here is easy to see. This home is being offered at less than half of the dollar per sq ft of current sales on the street. 1879 Square feet with a partially finished wood workshop in the large walk in crawl space. This home has a higher Cap rate than almost all homes being sold around it. If your buyer is squeamish looking at homes that needs updates, then this is not the house for you. Some repairs are being made currently, the price may be adjusted to reflect those as it spends time on the market.