Skip To Content

5105 Memory Lane

Raleigh, NC 27609
  • $550,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 2532285
UPDATED: 49 min ago
$550,000
  • 3
    BEDS
  • 0.46
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,449
    SQFT
  • $380
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Triangle MLS logoListing courtesy of Market-One Realty, Llc: .
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Though the property is currently being lived in, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5101 Memory Rd as a simuataneous closing/transaction--seeMLS#2532283 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.

Monthly Payment Calculator



Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-09-28T23:53:41.087.
www.ivyresidentialhomes.com/homes/143413928
Print Image

5105 Memory Lane Raleigh, NC 27609

  • Price: $550,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 49 min ago
  • ID#: 2532285
3
Beds
1
Baths
0
½ Baths
0.46
Acres
1,449
SQFT
$380
$/SQFT
1957
Built
Neighborhood:
Not In A Subdivision
County:
Wake
Area:
Raleigh
Elementary School:
Wake - Millbrook
Middle School:
Wake - East Millbrook
High School:
Wake - Millbrook
Property Description
Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Though the property is currently being lived in, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5101 Memory Rd as a simuataneous closing/transaction--seeMLS#2532283 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.
Exterior Features

Architectural Style Craftsman Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Brick Front Covered Spaces 0 Garage YN No Levels One Open Parking YN Yes Parking Features Dw/Concrete Roof Shingle

Interior Features

Above Grade Finished Area 1449 Appliances No Water Heater Below Grade Finished Area 0 Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 1 First Floor Bedrooms Yes Flooring Vinyl Heating NoneNo Fuel Heat Heating YN No Other Area Above Grade 0 Other Area Below Grade 0 Room Master Bedroom Level First Rooms Total 5 Total Other Area Sq Ft 0

Property Features

Association Fee 0 Association Fee2 0 Lease Term Month To Month New Construction YN No Ownership Other (Sfh incl) Property Attached YN No Property Sub Type Detached Sale Rent For Sale Senior Community YN No Special Listing Conditions No Special Conditions Structure Type HouseSite Built Tax Annual Amount 2323 Zoning Ox3



Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-09-28T23:53:41.087.
 
https://bt-photos.global.ssl.fastly.net/tmls/1280_boomver_1_2532285-2.jpg https://bt-photos.global.ssl.fastly.net/tmls/1280_boomver_1_2532285-2.jpg
Logo
Ivy Residential
3800 Glenwood Ave Suite 150
Raleigh NC, 27612
Triangle MLS logoListing courtesy of Market-One Realty, Llc: .
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.