610 Devereux Street Raleigh, NC 27605
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Glenwood
MLS Listing ID 10137170
HOA Y/N No
Annual Tax Amount $5,410
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Single Family
Source Triangle MLS
Property Description
As a 'non-contributing' property, allowing for a demolition permit (in process), this property is primed for a conforming residential build and/or opportunities to build multiple income producing properties. Dual access to property via Devereux Street in front and a municipal alleyway in the back further expands site planning options. Ideally a redevelopment opportunity, though immediate owner/renter occupancy potential as well, with minimal maintenance and repairs.
Short distance to Fred Fletcher Park, Broughton High School, Partnership Magnet Elementary, Smokey Hollow, and Glenwood South. With multiple redevelopment options, this property will appeal to those looking for a new single-family home on the northern edge of downtown Raleigh, investors looking to maximize revenue from multiple micro-unit condominium configurations, an owner-operator looking for a primary residence with long and short-term rental options, or an owner that needs a separate structure for a home office, shop, carriage house and/or ADU. Due diligence on multiple development scenarios done. Property surveyed and utilities vetted.
Great employers / amenities nearby include: Cameron Village, NC State University, Campbell Law School, Red Hat, First Citizens Bank and many more.
Any redevelopment plan must be approved by the Raleigh Historic Development Authority. Initial conversations with RHDC have begun. Great opportunity for a buyer that wants to get moving faster given the extensive due diligence, initial conversations with COR and RHDC.
Often referred to as Raleigh's first master-planned neighborhood, with many of the architecturally contributing homes built from 1905 to 1951, gain the beauty of a historical background, excellent location and conceptual architecture and site plan concepts from an experienced residential developer / owner.
Location
State NC
County Wake
Community Historical Area, Park, Playground, Restaurant, Sidewalks, Street Lights, Tennis Court(S)
Zoning R-10
Direction Take Glenwood Avenue towards Downtown Raleigh, pass by Fred Fletcher Park and before Peace Street turn right onto Devereux Street, 610 will be on your right. Park in driveway or street.
Exterior
Community Features Historical Area, Park, Playground, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
Present Use Residential,Single Family
Street Surface Paved
Private Pool No
Building
Lot Description Cleared, Level, Driveway
Faces Take Glenwood Avenue towards Downtown Raleigh, pass by Fred Fletcher Park and before Peace Street turn right onto Devereux Street, 610 will be on your right. Park in driveway or street.
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wake - Wiley
Middle Schools Wake - Oberlin
High Schools Wake - Broughton
Others
Senior Community No
Tax ID 170414424706000 0065753
Special Listing Condition Standard
