525 Maywood Avenue Raleigh, NC $ 535,000
525 Maywood Avenue
$ 535,000
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525 Maywood Avenue

Raleigh, NC, 27603
$ 535,000
Baths0.0

Monthly Estimate*

$ 3,556

525 Maywood Avenue, Raleigh, NC 27603 - Image 1
525 Maywood Avenue, Raleigh, NC 27603 - Image 2
525 Maywood Avenue, Raleigh, NC 27603 - Image 3
525 Maywood Avenue, Raleigh, NC 27603 - Image 4
525 Maywood Avenue, Raleigh, NC 27603 - Image 5
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525 Maywood Avenue, Raleigh, NC 27603 - Image 7
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525 Maywood Avenue, Raleigh, NC 27603 - Image 10
525 Maywood Avenue, Raleigh, NC 27603 - Image 11
Studio

Lots and Land for sale in Raleigh, NC

for $535,000. The lot size is 0.11.

Rare opportunity to purchase one or two multi-unit sites in one of the hottest development areas in Downtown Raleigh. 525 & 627 Maywood are available separately or as a package. Being nearly identical, there may be permitting and construction efficiencies if both lots are purchased together. Located on each corner of the charming Caraleigh Commons neighborhood in Downtown South, these lots are ready to build out and zoned for 4-6 condominiums. All site improvements and underground utilities are already installed for 4 unit townhouse style condos. Potential exists for up-zoning for up to 12 condos each with skyline views or down zoned to 2 SFH lots each. The development includes a greenspace, a greenway connection and easy access to Dix Park, Farmers Market, and the upcoming Downtown South Development. Broker owned.

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Lots and Land Active

Price

$ 535,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,940

Style

Unimproved Land

Lot Size

0.11

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10037312

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Association Fee Includes Road Maintenance
View Downtown
Property SubType Unimproved Land
Current Use Vacant
Community Features Street Lights
Assoc Fee Paid Per Annually
County Wake
New Construction N
Property Type Land
Association Amenities Jogging Path Park Stream Year Round
HOA / Comm Assn Y
Attached Garage N
Subdivision Name Caraleigh
Possible Use Multi-Family Residential Single Family
Garage Y/N N
Status Active
Directions On the corner of Maywood and Ella Wiggins.
High School Wake - Broughton
City Raleigh
Buyer Agent Compensation 2.50
View Y/N Y
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 4791.6
Waterfront Y/N N
Carport Y/N N
Elementary School Wake - Farmington Woods
Property Attached Y/N N
Tax Annual Amount 2940
Middle/Junior High School Wake - Martin
Lease Considered Y/N N
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features City Lot See Remarks
Water Source Public
Lot Size Area 4791.6
Spa N
Lot Dimensions 71 x 63
Lot Size Acres 0.11
Road Surface Type Alley Paved Paved
Road Frontage Type Alley City Street
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Richard Johnson

Listing Agent

Cityspace Management

Broker

Affordability Calculator

$3,801
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,556
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1648656 Elementary School
1124412 Middle School
Wake - Broughton High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2024$535,000 Listed Price

Map


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525 Maywood Avenue, Raleigh, NC, 27603 is a Lots and Land for sale at $535,000 with a lot size of 0.11. 525 Maywood Avenue is a studio with 0.0 baths. The property's zip code is 27603 which is in Raleigh, NC