Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 &… Read More 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered! Read Less
Courtesy of Compass -- Raleigh, Martin Verdi, 919-726-6548
Building Area Total: 4492, Building Area Units: Square Feet, Construction Materials: "Other", Living Area Units: Square Feet, Living Area: 4492, Other Structures: "Guest House", "Residence", Structure Type: "House", "Mixed Use", "Multi Family", "Other", Year Built: 1910
Cooling
Cooling: "Other", Cooling Included
Exterior Features
Patio And Porch Features: "Other"
Fence
Fencing: "Other"
Floors
Flooring: "Wood", "Other"
Foundation
Foundation Details: "Other"
Heating
Heating: "Other", Heating Included
Interior Features
Interior Features: "Other"
Laundry
Features: "Other"
Lot
Lot Features: "City Lot", "Rectangular Lot", "Zero Lot Line", Lot Size Acres: 0.26, Lot Size Area: 11325.6, Lot Size Square Feet: 11325.6, Lot Size Units: Square Feet, Parcel Number: 1704.18400938 & 1704.18410023
Parking
Parking Features: Concrete, Driveway, No Garage, On Site, Open Parking
Property
Property Sub Type: Single Family Residence, View: "City", "City Lights", "Downtown", Zoning: OX-3
Roof
Roof: "Other"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 17928
Utilities
Utilities: "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Water Connected", Water Source: "Public"
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