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Off market
  • $637,200

    409/411 E Bragg St, Raleigh, NC 27601

    --beds
    --baths
    3,600sqft
    Multi Family
    Built in 1986
    -- sqft lot
    $637,200 Zestimate®
    $177/sqft
    $2,358 Estimated rent

    What's special

    Location, location! Invest in this Opportunity Zone duplex and build! The two unit building occupies two R-10 lots!! The duplex offers a unique opportunity for investors and first time home buyers alike. The property features two townhome style units-each with separate entrance, 2 bed/1 bath,kitchen and living area. Enjoy passive income or develop right away - your choice! Less than two blocks from Raleigh Greenway/Chavis Park and within walking distance of Red Hat Amphitheater, Transfer Co. Food Hall and all that downtown Raleigh has to offer. It's an easy bike ride to Dix Park and the NCFarmers Market. Renting both units allows the generation of steady income as the property continues to increase in value. The average property in this block has appreciated by>400% in the past 10 years! Nearby developments include Kane Realty's 144 acre, $ 2 billion Downtown South Project set to feature an entertainment venue and sports complex, Merge Capital's Park City South. Current tenants are month to month. Seller willing to sell 415/417 as a package but not alone.

    Zillow last checked: 18 hours ago

    Source: NextHome,MLS#: 2524587MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Lot
    • Size: 6,969 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1986

    Community & neighborhood

    Location
    • Region: Raleigh
    Services availability
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    Estimated market value

    $637,200