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About This Home
This 6-bedroom, 4-bathroom residential multi family at 509 Cape Avenue in Raleigh, NC is listed for $975,000 ($388 per sqft). Built in 1940, the home offers 2,513 sqft of living space on a 0.29 acres lot.
Attention investors and builders! Two duplexes on two deeded lots in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully updated units on large corner lot with plenty of parking on and off street with very little traffic.
Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while facing open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. One unit intentionally vacant for showings.
Key Features
- Built in 1940
- 0.29 acre lot
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
509 Cape Avenue
Raleigh, NC 27601
Not in a Subdivision
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 509 Cape Avenue is listed at $975,000 ($388/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.29 acre lot, 10 parking spaces. Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen/Dining Room Combination. Exterior Features: Courtyard.
This property is listed by Natalee Choby and can be reached at 9192644977 or nataleemared@yahoo.com.
