3103 N New Hope Road Raleigh , NC 27604

Courtesy of NorthGroup Real Estate, Inc., Sherrie Smith.

Description

3 Beds
2 Baths
1,108 Sqft
24,393 Sqft lot
0.56 Acre lot
Status: Pending
Property Type: Single Family Residence
Year Built: 1960
Neighborhood: Kelly Heights
Days on Website: 15
Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.

Open House

Property Details and Features

Contact an Agent

919 380 8066

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