Bought with Compass -- Cary
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500 Ridgecrest Road Cary, NC 27511
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Key Details
Sold Price $655,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $267
Subdivision Carr Hills
MLS Listing ID 10018117
Sold Date 05/30/24
Style Duplex
Bedrooms 5
Full Baths 3
Half Baths 3
Abv Grd Liv Area 2,450
Originating Board Triangle MLS
Year Built 1981
Annual Tax Amount $3,410
Lot Size 0.290 Acres
Acres 0.29
Property Description
INVESTOR ALERT!! Priced $85k below the latest county assessed value! This duplex property on a residential street in the heart of Cary has so much potential. Only 0.6mi to the new Downtown Cary Park and all the great restaurants/entertainment. Priced below $195 sq/ft this is a RARE opportunity for this location!
Both units have long-term tenants that are month-to-month. Unit 500 has 3 bedrooms and 2.5 baths, while Unit 502 has 2 bedrooms, 1 full bath and 2 half baths.
This 0.29 acre property is deeded as one entity, but because it's a duplex there are two Town of Cary water meters, two Duke Energy electric meters, and two USPS addresses for the property.
Tenants are responsible for their respective utilities.
Location
State NC
County Wake
Community Sidewalks
Interior
Heating Central, Forced Air, Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet, Hardwood, Vinyl
Appliance Dishwasher, Electric Water Heater, Free-Standing Electric Range, Refrigerator
Laundry Electric Dryer Hookup, In Unit, Laundry Room, Washer Hookup
Exterior
Community Features Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Deck
Parking Type Driveway
Private Pool No
Building
Lot Description Few Trees, Level
Building Description Brick Veneer,Vinyl Siding, Sump Pump
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Transitional
Structure Type Brick Veneer,Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - Cary
Middle Schools Wake - East Cary
High Schools Wake - Cary
Others
Tax ID 0764109263
Special Listing Condition Seller Licensed Real Estate Professional
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