2708 Sadie Hopkins Street Raleigh, NC 27603
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Calling all builders and investors! We have an incredible opportunity for you at 2708 Sadie Hopkins, located in a prime Raleigh location just three miles from NC State. This fully entitled, build-ready lot is just under a half acre and offers tremendous potential.
This property comes with a set of engineered plans that are ready to be submitted to the City of Raleigh for permitting. This means you can save valuable time and carrying costs, so it’s easier to start construction and maximize your investment. The City of Raleigh has already approved a duplex for the property and is open to including an Accessory Dwelling Unit (ADU) for at least one of the units. Plus, City Water and Sewer services are readily available at the site, eliminating the need for additional infrastructure costs and ensuring convenience for future residents.
An appraisal has been conducted for the sellers, indicating a post-build value of $1,400,000 for two duplexes on the property. Even with conservative estimates for the ADU and Duplex, the value is estimated to be around $850,000. This presents an amazing opportunity for small to medium-sized builders to make their mark in the heart of Raleigh.
Don't miss out on this exceptional investment opportunity!
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